🔥 SHIB Burns Skyrocket 505% on Christmas – Is This a Game Changer?
Shiba Inu ($SHIB) just saw a massive 505.74% spike in daily burns on Christmas! 🚀 Over 5.98 million SHIB were incinerated in the last 24 hours.
Don't get it twisted – this isn't just noise. While 5.98 million might not seem like a supply shock, the dramatic percentage increase signals growing community commitment. Over 410.75 trillion SHIB have been burned to date, with nearly 4 trillion staked as xSHIB.
But here’s the reality check: the price hasn’t exploded yet. $SHIB is currently trading around $0.00000719, showing a slight dip. Lower highs persist, meaning this burn could be a temporary blip.
The key? Consistent burns. If these high burn rates continue and the price reverses its downward trend, then we're looking at a legitimate catalyst. Otherwise, it’s just a festive anomaly. Keep a laser focus on the next few days – this is where we’ll see if this burn narrative gains real traction. Don't miss the potential breakout!
#ShibaInu #SHIBburn #MemeCoin #Crypto 💎
