$SHIB burns returned, but here's the catch. ๐ฅ
$SHIB recorded 76.65M tokens burned in 24 hours after a stall since October 31, led by a massive 39.09M batch from Coinbase.
Sounds impressive? The entire burn was still worth only around $351.
๐ Bulls see renewed burning activity as a positive signal for community commitment.
๐ป Bears focus on the reality: millions burned mean little against SHIB's enormous supply.
My take: Burn numbers grab attention, but economic impact matters more.
๐ญ Do SHIB burns genuinely influence long-term value, or is community hype doing most of the work?
work?
#SHIB #ShibaInu #Crypto #TokenBurn #Memecoins
$SHIB recorded 76.65M tokens burned in 24 hours after a stall since October 31, led by a massive 39.09M batch from Coinbase.
Sounds impressive? The entire burn was still worth only around $351.
๐ Bulls see renewed burning activity as a positive signal for community commitment.
๐ป Bears focus on the reality: millions burned mean little against SHIB's enormous supply.
My take: Burn numbers grab attention, but economic impact matters more.
๐ญ Do SHIB burns genuinely influence long-term value, or is community hype doing most of the work?
work?
#SHIB #ShibaInu #Crypto #TokenBurn #Memecoins
