🚀 200,000% INCREASE IN $SHIB BURN RATE – SUPPLY SHOCK AHEAD? 🔥

Shiba Inu’s burn mechanism is on fire, with 4.5 million $SHIB tokens burned in the last 24 hours, marking an extraordinary 200,000% spike in burn rate. This sudden surge has caught the community’s attention as reduced circulating supply could fuel bullish sentiment if demand continues to rise.

🔎 What This Means

With such a drastic increase in burn rate, market participants are eyeing potential supply shocks in the mid to long term. While the price impact may not be immediate, sustained burns at this pace could strengthen $SHIB’s deflationary narrative.

🌍 Market Outlook

If momentum holds, $SHIB could see renewed buying interest as investors bet on scarcity driving future gains. Watch for strong resistance at higher levels, but sentiment clearly favors the bulls right now.

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