SHIB Destruction Soars 170 Times, 600 Million Tokens Burned, Attention Drawn to Deflationary Effects and Price Struggles
The SHIB destruction rate has skyrocketed to 17,000%, with over 600 million tokens burned, helping enhance scarcity and value. Read my latest analysis to gain insights into Shiba Inu's destruction dynamics.
The SHIB destruction rate has surged to 17,000%, with over 600 million tokens destroyed in 24 hours. Prices are fluctuating within a triangular range, suggesting a potential breakout or significant decline.
The concentration of whale holdings is rising, with 61.51% of SHIB controlled by large wallets.
The destruction rate has reached its limit. In just one day, over 600 million SHIB exited circulation, triggering a strong response from the meme coin community.
According to Shibburn data, the destruction rate skyrocketed to 16,855.93%. Large-scale destruction reduced circulating tokens, potentially driving up prices.
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