Whats your prediction on next high #btc price!!!
Mine is around 78-80k if red camp wins.

Hahahaha, funny

The Shiba Inu (SHIB) token burn mechanism has been a central focus of the community as a way to decrease the massive supply and potentially increase its price through scarcity. Recent data from Shibburn.com shows that billions of SHIB tokens have been sent to dead wallets, permanently removing them from circulation. Despite these efforts, the price impact of these burns has remained limited.
One key reason for this is that burns alone do not automatically translate into price increases. As Shibburn clarifies, substantial price movement requires not only burning but also a corresponding increase in demand. Even though burning reduces the supply, if the demand doesn't rise proportionally, the price remains relatively stable. The most significant price movements happen when the token becomes scarcer while more people or institutions seek to acquire it​Shibburn​Shibburn.
For example, burning 10 billion tokens in a week might seem impressive, but if large volumes are still being traded daily and the demand doesn't significantly outpace the supply, price effects can be muted. It's a slow process and may take considerable time to see meaningful results in the market​Shibburn.
Additionally, with SHIB’s enormous initial supply (1 quadrillion tokens), even the large burns account for only a small fraction of the total. As of December 2024, ongoing burns have reduced the supply but not enough to create the kind of scarcity needed for immediate price surges​Shibburn.
In the long term, SHIB could still see price appreciation if token burns continue in combination with broader adoption, new projects, and an overall increase in demand across the crypto market.
#Shibburning  #SHIBA  #Shibainuholder  #ShibaFundamentalAnlysis

u must be rich.. or u dont use ur power for urself?!! lmao