- Thu Feb 27, 2025 3:00 pm
#21685
Shiba Inu Burn Rate Explodes - Is This the Turning Point?
Over 30 million SHIB vanished into the digital ether yesterday. A 1300% burn rate increase. Is this the catalyst SHIB needs to finally break out? Or just another blip in the volatile world of meme coins?
The Shib Army is clearly trying to influence SHIBs price through burning. But will this deflationary tactic actually work long term? Could this aggressive burning strategy backfire? What are the potential unintended consequences?
SHIB is up over 40% in the last year, despite the market turbulence. With this increased burn rate, are we looking at a SHIB resurgence? Is a significant price pump on the horizon? Or is this simply unsustainable hype?
Lets discuss. What are your price predictions for SHIB in light of this news? Is burning the key to long-term success for SHIB, or is something else needed? Share your insights.
Over 30 million SHIB vanished into the digital ether yesterday. A 1300% burn rate increase. Is this the catalyst SHIB needs to finally break out? Or just another blip in the volatile world of meme coins?
The Shib Army is clearly trying to influence SHIBs price through burning. But will this deflationary tactic actually work long term? Could this aggressive burning strategy backfire? What are the potential unintended consequences?
SHIB is up over 40% in the last year, despite the market turbulence. With this increased burn rate, are we looking at a SHIB resurgence? Is a significant price pump on the horizon? Or is this simply unsustainable hype?
Lets discuss. What are your price predictions for SHIB in light of this news? Is burning the key to long-term success for SHIB, or is something else needed? Share your insights.
- By Anonymous