SHIBA INU BURN RATE DROPS TO 99%! 😱
$SHIB just increased by more than 4% in just 24 hours, but behind this increase is a signal that has many holders startled 👉 the SHIB burn rate has plummeted to 99%.
The token burn activity is an important deflationary mechanism that helps reduce the circulating supply and supports the price in the long term. However, when the burn rate drops sharply, it indicates that market demand is slowing down, and fewer tokens are being removed from circulation.
📉 The consequence? Selling pressure may increase and the current rise of SHIB risks being unsustainable.
Is SHIB “green on the outside, red on the inside” or just taking a breather before a new breakout? 🤔🔥
