$SHIB 🔥 Shiba is burning... but the price hasn't skyrocketed!
More than 600 million SHIB were burned in one day, and the burn rate reached +16,000%!
The total burned so far = more than 410 trillion SHIB (which means 41% of the currency).
✅ Goal: Reduce supply and increase price
❌ Actual result: Price dropped by 5%
📌 Burning is beneficial in the long run, but it's not enough on its own to quickly raise the price.