- Sun Mar 16, 2025 5:05 am
#22422
Shiba Inu Burn Rate Plummets 99%: Is This The End Of SHIB's Recovery?
The recent 99.44% drop in Shiba Inu's burn rate has me wondering, is this the beginning of the end for SHIB's attempted price recovery? While SHIB saw a small price bump after hitting yearly lows, this dramatic decrease in the burn rate raises serious questions. Is this a sign that investor confidence in the long-term burn initiative is waning? Or is this simply a temporary blip on the radar?
I'm curious to hear your thoughts. Do you believe the burn rate is truly indicative of SHIB's future performance? Could this dramatic drop signal an impending price reversal, sending SHIB back to its March 11 lows?
I'm making a bold prediction: if the burn rate doesn't recover significantly within the next week, we'll see SHIB revisiting those lows, possibly even breaking below them. What's your take? Is my prediction too pessimistic, or are we witnessing the start of a larger downtrend for SHIB? Let's discuss.
The recent 99.44% drop in Shiba Inu's burn rate has me wondering, is this the beginning of the end for SHIB's attempted price recovery? While SHIB saw a small price bump after hitting yearly lows, this dramatic decrease in the burn rate raises serious questions. Is this a sign that investor confidence in the long-term burn initiative is waning? Or is this simply a temporary blip on the radar?
I'm curious to hear your thoughts. Do you believe the burn rate is truly indicative of SHIB's future performance? Could this dramatic drop signal an impending price reversal, sending SHIB back to its March 11 lows?
I'm making a bold prediction: if the burn rate doesn't recover significantly within the next week, we'll see SHIB revisiting those lows, possibly even breaking below them. What's your take? Is my prediction too pessimistic, or are we witnessing the start of a larger downtrend for SHIB? Let's discuss.
- By Anonymous