Shiba Inu just made headlines â again.
The SHIB burn rate has exploded by 4100% in just 24 hours! đ§š
đ„ What Does That Mean?
The burn rate shows how many SHIB tokens are being destroyed (sent to a dead wallet and removed from circulation).
đ« Burn = Tokens gone forever
đ„ Burn rate up 4100% = MASSIVE supply cut in 1 day
If we were burning 1M SHIB before⊠now itâs 41M SHIB/day! đł
đ Why Are Tokens Burned?
â To create scarcity
â To help price grow over time
â To show community strength
â To support the projectâs health
It's like turning SHIB into digital gold â fewer tokens = more value (in theory).
đ Will SHIB Price Go Up Now?
Not immediately. Here's why:
âïž Price also depends on:
Market demand
Whale moves
Exchange activity
Overall crypto sentiment
Burning helps long-term, but donât expect moonshots overnight. đ Patience pays.
â Quick Recap:
SHIB burn rate is up 4100% â thatâs HUGE
Millions of SHIB tokens permanently gone đ„
Itâs a bullish signal, but not a guarantee
Keep an eye on price, volume & market moves
đŹ What do YOU think â can SHIB still 10x from here?
đ Drop your thoughts in the comments and hit follow for more SHIB news!
#ShibaArmy #SHIBđ„ #BinanceSquare #CreatorPad #LachakariCrypto
