$SHIB
š„ SHIB Burn Rate Explodes 5,762% ā Millions of Tokens Vanish in 24H! š„
Shiba Inu just dropped the š„ ā over 26 million SHIB torched in one day, sending the burn rate skyrocketing 5,762%! Supply's shrinking fast, and the ShibArmy is fired up.
š„ $SHIB Update
Price: $0.00001236 (24H ā¼ 2.10%)
Burned in 24H: 26,246,906 SHIB
Weekly Burn: Down 19.5% (market cooldown?)
Volume: $88.86M (-24.29%)
š Market coolingā¦ whales waitingā¦ but SHIBās burn game is heating up. Is this the calm before a breakout? š
#SHIB #ShibaInu #BurnRate #CryptoNews #ShibArmy #Altcoins #BinanceSquare
ChatGPT said:
š„ SHIB Burn Frenzy: What It Really Means š„
Shiba Inu just lit the fuse ā 26.2 million SHIB burned in 24 hours, driving a staggering 5,762% spike in the burn rate. While the price dipped 2.10% to $0.00001236, this massive supply cut signals rising bullish sentiment, especially from the ever-loyal #ShibArmy.
š Quick Breakdown:
š„ Burned (24H): 26,246,906 SHIB
š Weekly Burn: -19.5% (still cooling from last weekās hype?)
šø Volume: $88.86M (-24.29%)
š Whale Activity: Likely on pause ā possible accumulation phase?
š Why It Matters:
A surging burn rate = shrinking supply, which could lead to price pressure upward if demand picks up. Combine that with potential whale moves and SHIB might be lining up for a breakout ā especially if macro crypto sentiment flips bullish.
š Key Questions:
Will whale wallets start moving as supply tightens?
Is this just a burn blip, or the start of something bigger?
Could SHIB test previous highs if momentum returns?
š Watch closely: Burn mechanics and community hype are SHIB's secret sauce. If they align with broader market recovery, this could get explosive fast.