๐จ 1.312 Million SHIB Burned! ๐จ
In a recent burn event, a staggering 1,312,492,830 SHIB tokens were destroyed, worth approximately $15 million.
While this might seem like a positive development for the SHIB community, there's a catch: the burn was executed by a single large wallet holder, commonly referred to as a "whale."
This raises suspicions that the burn might have been done to manipulate the market and artificially inflate the token's price.
By reducing the circulating supply of SHIB, the whale may be attempting to create a false sense of scarcity, potentially leading to a price surge.
The SHIB community remains cautious, awaiting further developments to determine the true intentions behind the massive burn. ๐ค
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