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Its not 1000% the token were burned 800.21% in 24 hrs (total token burn 25669558 shiba inu) 😎😎😎
$SHIB
SHIB Burn Rate Skyrockets Over 1000% 🚀🔥 as Massive Token Volume Removed From Supply
In a surprising turn of events, Shiba Inu (SHIB) has witnessed a massive surge in its burn rate, spiking over 1000% within 24 hours, according to data from Shibburn. This significant rise in token burning is fueling optimism among SHIB holders and traders, as a large volume of the meme coin has been permanently removed from the circulating supply.
What’s Behind the Burn Surge? 🔥
The Shiba Inu burn initiative aims to reduce the total supply of SHIB tokens, theoretically increasing scarcity and potentially boosting price performance. Over the past day, millions of SHIB tokens have been sent to "dead wallets"—addresses from which tokens can never be retrieved—causing the burn rate to skyrocket.
This recent increase in burns was likely driven by coordinated community efforts and activity from key SHIB ecosystem projects like ShibaSwap and KoyoToken, which have consistently supported burn mechanisms.
Why It Matters 📈
Reducing token supply through burning is a deflationary strategy that can lead to greater token value over time. With SHIB’s supply initially set at 1 quadrillion, the token’s journey toward increased utility and reduced inflation is crucial for long-term growth. This burn surge could also spark renewed investor interest, especially as developers push forward with Shibarium updates and other ecosystem enhancements.
Community Reaction ❤️🔥
The SHIB Army took to X (formerly Twitter) and Reddit to celebrate the milestone, with hashtags like #SHIBBurn and #ShibaStrong trending as holders expressed hope for a new bullish wave.
TL;DR:
SHIB burn rate surged over 1000% in 24 hours
Millions of tokens permanently removed from supply
Could signal increased scarcity and price potential
Community and projects driving burn momentum
With such an aggressive burn rate, all eyes are now on SHIB’s next move in the volatile crypto landscape. Will it be enough to ignite a price breakout? Stay tuned!
SHIB Burn Rate Skyrockets Over 1000% 🚀🔥 as Massive Token Volume Removed From Supply
In a surprising turn of events, Shiba Inu (SHIB) has witnessed a massive surge in its burn rate, spiking over 1000% within 24 hours, according to data from Shibburn. This significant rise in token burning is fueling optimism among SHIB holders and traders, as a large volume of the meme coin has been permanently removed from the circulating supply.
What’s Behind the Burn Surge? 🔥
The Shiba Inu burn initiative aims to reduce the total supply of SHIB tokens, theoretically increasing scarcity and potentially boosting price performance. Over the past day, millions of SHIB tokens have been sent to "dead wallets"—addresses from which tokens can never be retrieved—causing the burn rate to skyrocket.
This recent increase in burns was likely driven by coordinated community efforts and activity from key SHIB ecosystem projects like ShibaSwap and KoyoToken, which have consistently supported burn mechanisms.
Why It Matters 📈
Reducing token supply through burning is a deflationary strategy that can lead to greater token value over time. With SHIB’s supply initially set at 1 quadrillion, the token’s journey toward increased utility and reduced inflation is crucial for long-term growth. This burn surge could also spark renewed investor interest, especially as developers push forward with Shibarium updates and other ecosystem enhancements.
Community Reaction ❤️🔥
The SHIB Army took to X (formerly Twitter) and Reddit to celebrate the milestone, with hashtags like #SHIBBurn and #ShibaStrong trending as holders expressed hope for a new bullish wave.
TL;DR:
SHIB burn rate surged over 1000% in 24 hours
Millions of tokens permanently removed from supply
Could signal increased scarcity and price potential
Community and projects driving burn momentum
With such an aggressive burn rate, all eyes are now on SHIB’s next move in the volatile crypto landscape. Will it be enough to ignite a price breakout? Stay tuned!
Hello everyone!!
What happen to market.😂😂😂😂
Now no one is talking about #SHIB #PEPE #BTTC and other coins.
Where is the prediction of price. This coin will go to the moon, make you a millionaire in the end of this year. Buy now and hold it otherwise you will regret. Where are the crypto advicer and posting about the coins. So everyone be careful they are just manipulating you (DYOR) Do Your Own Research don, t get fooled. If you believe in any coin just invest other wise don, t ran behind the fraud.
What happen to market.😂😂😂😂
Now no one is talking about #SHIB #PEPE #BTTC and other coins.
Where is the prediction of price. This coin will go to the moon, make you a millionaire in the end of this year. Buy now and hold it otherwise you will regret. Where are the crypto advicer and posting about the coins. So everyone be careful they are just manipulating you (DYOR) Do Your Own Research don, t get fooled. If you believe in any coin just invest other wise don, t ran behind the fraud.
Everyon is talking #SHIB inu, #PEPE or #BTTC or #Bonk or #floki will boom in 30 days or this year. What nonsense things are you spreading. Someone say altcoin season is coming soon. Some say buy this coin otherwise you will regret in future. So i request you this year nothing is going to happen if you are holding some coins that's good for long term not for a short time may be in future something will happen but in 1 week or in 30 days its impossible.
Please share your opinion in the comment section 🙏🙏🙏🙏
Please share your opinion in the comment section 🙏🙏🙏🙏
#SHIB inu is a thrash coin never going to increase and never go to the moon.
Everyone told Shiba inu hit $1 when may be after 30 thousand years or 40 thousand years no whales are there to buy this coin. Only the community make the big hype for this coin.
So never trust in this coin its a big scam. In April month again you will see the big dump on the price and you loose your money don, t buy this coin.
Everyone told Shiba inu hit $1 when may be after 30 thousand years or 40 thousand years no whales are there to buy this coin. Only the community make the big hype for this coin.
So never trust in this coin its a big scam. In April month again you will see the big dump on the price and you loose your money don, t buy this coin.
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