$SHIB Burns Surge 38,199,412%: Impact on Shiba Inu Price ‼️‼️‼️👇👀
Shiba Inu (SHIB) has seen a massive increase in burn rate, with 39,345,498 SHIB burned in the last 24 hours, representing a 38,199,412% surge.
Despite this, the price of SHIB has not followed suit, increasing briefly to $0.00001468 before retreating to $0.00001395.Key points:-
SHIB burn rate surges 38,199,412% in 24 hours
- 39,345,498 SHIB burned in the last 24 hours- SHIB price increases briefly to $0.00001468 before retreating
- Market participants take a cautious approach, waiting for sustained momentum
- Other factors like market conditions, investor sentiment, and broader crypto trends influence SHIB price trajectory
The relationship between token burns and price is not always straightforward, and SHIB's recent price behavior suggests that market participants are waiting for more sustained momentum before making major moves.
DYOR / NFA
