The Shiba Inu coin's destruction rate skyrocketed by 57 times but fell instead of rising? Retail investors are hiding these mysteries behind their actions.
SHIB's "destruction frenzy" failed to boost prices, reflecting the limitations of meme coins.
Deflationary mechanisms need to be paired with actual demand to be effective. Currently, the market is more focused on macroeconomics and liquidity, rather than merely the reduction of tokens.
If SHIB cannot break out of its positioning as a "speculative tool," it may face more severe selling pressure in the future.
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