SHIB Burn Rate Plummets 72%! Price Continues to Decline, Can Shiba Inu Make a Comeback?
The burn rate of SHIB has dropped significantly by 72% in the last 24 hours, which is undoubtedly a major reaction of market sentiment. Although the SHIB community continues to strive to destroy circulating tokens, only 8.73 million SHIB have been burned recently, still far from reversing the ongoing price decline—currently, SHIB has accumulated a drop of 3.35%, with a weekly drop of 13%.
But don’t panic! Although the burning activity has slowed down in the short term, the weekly burn volume of SHIB has surged by 164% in the past week. This fluctuation tells us: the future of SHIB is full of uncertainty, and any potential increase in burning could instantly change the situation. However, the real key may not just be burning coins, but whether Kusama and the team can fulfill their promises and bring real user demand.
Shytoshi Kusama's response to CZ also reveals a firm determination: to create not just demand, but what is needed for the future. If they can truly achieve this, will SHIB once again stage a dark horse comeback?
Understanding market rhythms is the beginning of controlling wealth! Keep up with Lao Tan, plan ahead, and let the next peak belong to your account! Follow Lao Tan, and never let opportunities slip away!
