In 24 hours, $SHIB ’s burn rate went straight to zero. Are the folks who were counting on the burn to pump their bags feeling the pain?
The market-wide Fear & Greed Index is already at 59, yet $SHIB is up only 3.84% and hasn’t even made the trending list. The market clearly isn’t buying the whole “burns are paused” story.
Don’t apply long-term logic to short-term news just yet. First, see whether it can hold above 0.000005 on higher volume. If it falls back on declining volume, that would suggest this is just short-term noise—don’t rush in.
Do you think pausing the burns is short-term bearish, or a chance to get in after a shakeout? Comment 1 if you’re bearish, 2 if you’re looking to buy the dip.
Also, a quick reminder: Binance Spot Tournament S4 and the Futures event where you can win BNB are still running. Check the campaign page for the rules and rewards—it’s more reliable than trading blindly.
#Write2Earn #BinanceSquare #SHIB MemeCoin #TradingTournament
The market-wide Fear & Greed Index is already at 59, yet $SHIB is up only 3.84% and hasn’t even made the trending list. The market clearly isn’t buying the whole “burns are paused” story.
Don’t apply long-term logic to short-term news just yet. First, see whether it can hold above 0.000005 on higher volume. If it falls back on declining volume, that would suggest this is just short-term noise—don’t rush in.
Do you think pausing the burns is short-term bearish, or a chance to get in after a shakeout? Comment 1 if you’re bearish, 2 if you’re looking to buy the dip.
Also, a quick reminder: Binance Spot Tournament S4 and the Futures event where you can win BNB are still running. Check the campaign page for the rules and rewards—it’s more reliable than trading blindly.
#Write2Earn #BinanceSquare #SHIB MemeCoin #TradingTournament