๐จ $SHIB โ Is the Burn Actually Doing Anything? ๐จ
๐ฅ Current Price: $0.00001304
๐ Down -0.45% (but donโt let the red fool you)
Alright fam, letโs talk ๐ฅ ๐๐๐๐๐ ๐ฅ โ not gym gains but Shiba Inu destruction style. Over 600 MILLION SHIB tokens got yeeted into the abyss in just 24 hours! Thatโs a burn rate surge of 16,000%+ ๐ฃ๐
But here's the real tea ๐ซ:
These burns ainโt just some โ๐ฅfor showโ kind of vibe. They're part of Shibariumโs deflation engine โ every time the network gets used, more tokens vanish into nothingness. Transaction volume = burn volume. Simple math, fr ๐โ๏ธ๐ฅ
๐ So... Why Ainโt Price Mooning Yet?
Because burns โ pumps (immediately)
๐ Token burns reduce supply โ facts
๐ But price only goes up if demand matches or exceeds that cut in supply
๐ Right now? Demand is meh. Momentum is mid. Volume ainโt going wild. ๐ฎโ๐จ
That saidโฆ
๐ Long-Term Alpha:
SHIB is laying the foundation of a supply squeeze.
Think of this burn wave as slow-cooking a rocket ๐ฅ๐
โก๏ธ If network usage continues to grow,
โก๏ธ If holders donโt panic sell,
โก๏ธ If Shibarium adoption holds steady,
Then this steady burn pressure will tighten circulating supply like a python ๐... until one day price explodes on the back of it.
๐ก My Take (Not Financial Advice):
๐ฎ Short-term: Range-bound, still cooling off. Expect chop around $0.00001250โ0.00001380
๐ฎ Medium-term: If network keeps burning like this, expect breakout attempts toward $0.000015โ0.000018
๐ฎ Long-term dreamers? We could be staring at a return to $0.000025+ โ but only if bulls bring back the volume ๐๐ช
This ainโt 2021 anymore.
This is tokenomics meets tech.
The meme is evolving... and it's burning all the way up ๐ฅ๐
๐ง We put mad effort into research, analysis, and breaking things down simply for the fam.
If you're loving the vibes โ like, comment, share & FOLLOW ๐ซถ
And donโt forget to check my profile regularly โ alpha drops daily ๐๐ฒ
