šØ Shiba Inu (
$SHIB ) Burn Rate Drops by 90%: Whatās Next for 2025? šØ
The crypto community is buzzing with news about Shiba Inu (SHIB) and its recent burn rate drop by 90%! š„ While token destruction is designed to reduce supply and increase scarcity, its limited impact on price is raising market skepticism. Hereās what you need to know! š
š¾ Sharp Drop in Burn Rate
Shiba Inuās burn rate has sharply decreased by 90.69%, signaling a slowdown in token destruction. Despite this, the number of tokens burned weekly has increased by 4.5% year-on-year, showing the communityās ongoing commitment to reducing supply. However, SHIBās price is currently hovering around $0.00002167, with overall market sentiment still sluggish, despite a slight 1.69% uptick.
š Whale Transactions: Key Player in SHIBās Market Activity
Large transactions from whales continue to play a significant role in SHIBās market movements. With whale transactions over $100,000 stable at 938,000, SHIBās price remains volatile. Though whale interest is steady, it brings market instability, which could suppress price recovery.
š® 2025 Outlook: Whatās Ahead for SHIB?
SHIBās future in 2025 will depend on network development and ecosystem expansion. While whale activity and burning mechanisms offer some liquidity, broad application and real-world use cases are essential for sustained growth. Without this, SHIB faces continued market uncertainty.
š” Stay informed and watch the live broadcast to dive deeper into SHIBās future!
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