๐ฅ ๐๐๐๐๐ ๐๐ฃ๐ช ๐ฝ๐ช๐ง๐ฃ ๐๐๐ฉ๐ ๐๐ ๐ฎ๐ง๐ค๐๐ ๐๐ฉ๐จ ๐๐ฎ 880% ๐ฌ๐๐ฉ๐ 320 ๐๐๐ก๐ก๐๐ค๐ฃ ๐๐๐๐ฝ ๐ฝ๐ช๐ง๐ฃ๐๐! ๐ฅ
The Shiba Inu ecosystem has witnessed a massive surge in its burn rate, climbing by 880% in just 24 hours! This dramatic spike led to over 320 million $SHIB tokens being permanently removed from circulation. Such burns reduce the overall supply, which can increase the value of the remaining tokens if demand stays strong. This significant activity comes amid renewed enthusiasm in the SHIB community and ongoing whale accumulation. As burn rates rise, investors are watching closely to see if this will lead to price increases.
Shiba Inu's price remains stable around $0.000007, but with such a substantial reduction in supply, could a rally be on the horizon? Investors are hopeful that continued burns will push SHIB closer to its previous all-time highs.
๐ ๐๐ก๐๐ญ ๐๐จ ๐ฒ๐จ๐ฎ ๐ญ๐ก๐ข๐ง๐ค? ๐๐จ๐ฎ๐ฅ๐ ๐ญ๐ก๐๐ฌ๐ ๐๐ฎ๐ซ๐ง๐ฌ ๐ฅ๐๐๐ ๐ญ๐จ ๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ฉ๐ซ๐ข๐๐ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ ๐ฌ๐จ๐จ๐ง?
Source: u.today.