I received 4 dollars, check my pinned post and congratulations to everyone 💵 The Shiba Inu (SHIB) network has recently experienced an exciting surge, with the burn rate increasing by a whopping 600% according to data from the Shibburn platform. This jump has once again drawn attention to one of the most famous meme coins and raised questions about its real impact on the price and the investment future of the currency.
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🔥 What does "burning" coins mean?
Burning is the process of sending an amount of coins to a dead wallet that cannot be retrieved, thus permanently removing them from circulation.
The goal of this mechanism:
Gradually reducing the circulating supply.
Creating scarcity over time.
Supporting the price in the long term if paired with an increase in demand.
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📊 The numbers on the ground
Before the jump: The daily burn rate was around 1 million SHIB.
After the jump: The rate rose to about 6 million SHIB daily.
Annually: This amounts to over 2.19 billion SHIB burned.
However, when compared to the massive circulating supply (over 589 trillion SHIB), the direct quantitative impact is very weak. The true value here lies in the trend and momentum rather than the sheer size of absolute numbers.
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⚖️ Between optimism and reality
1️⃣ Psychological impact (short-term): Burn news often boosts community confidence and attracts the attention of new traders, which may create temporary buying pressure and push the price upward.
2️⃣ Community strength: The significant increase in burning shows a strong commitment from the SHIB Army community, which is an important element for the project's sustainability.
3️⃣ Demand is the key factor: Reducing supply is an important step, but without increased demand (through broader adoption or real utility like Shibarium), the impact will remain limited.
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🚦 What should be monitored?
Sustainability of the burn rate: Will the significant increase continue, or is it just a temporary wave?
Success of Shibarium: The more the Layer 2 (Shibarium) is adopted and SHIB is used as transaction fees, the greater the real demand.
Overall market trend: SHIB's performance is closely linked to Bitcoin and the broader market, and any significant drop could erase the effects of burning on the price.
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🏁 In summary
A 600% increase in the burn rate represents positive news reflecting community activity and vitality. But it's not enough on its own to trigger a significant price jump in the short term.
The true value will show if the burning is accompanied by an actual increase in demand and continuous support from Shibarium and broader adoption in the market.
In other words: Burning boosts sentiment more than its immediate effect on price. A smart investor balances between exciting news and fundamental facts before making any decisions.
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#SHIB #شيبا_اينو #عملات_رقمية #Shibarium #Burning_Coins 🔥🐶?
