$SHIB SHIB Key Indicator Collapses Despite 5% SHIB Price Recovery

According to the data, the SHIB burning rate was significantly reduced by 74.61%, with only 1,144,911 SHIBs destroyed. Currently, a total of 410,727,769,591,999 SHIB have been destroyed. This reduction was mainly due to the community voluntarily shutting down SHIB permanently.

Despite the decrease in the burn rate, the price of SHIB increased by 5.42% in the last 24 hours, going from $0.00001596 to $0.00001682. The rally was sparked by a Bitcoin rally, which saw Bitcoin rise back to $67,380.

Additionally, SHIB officially teased a major Web3 update for the Shiba Eternity game, and players can now participate in tournaments, news that the SHIB community is excited about.

SHIB's price performance is highly correlated with its community activity. Despite declining burn rates, the SHIB community's continued support and innovative initiatives demonstrate its potential for long-term appreciation. 🔥🔥🔥🚀🚀🚀💰💰💰