Shiba Inu ($SHIB) just witnessed a massive token burn, sending shockwaves through the crypto space! 🔥
Key Highlights:
✅ Burn rate surges by 13,070.90% in the last 24 hours. ✅ 2.25 billion $SHIB incinerated in a single transaction. ✅ 410.63 trillion $SHIB permanently removed from circulation.
Why This Matters:
Token burns reduce supply, potentially driving demand and price appreciation. With $SHIB currently trading at $0.00001696 (+0.60%), will this burn trigger a major rally? 📈
What’s Next?
Keep an eye on burn metrics and whale movements.
Watch for market sentiment shifts as supply continues to shrink.
More burns = Higher scarcity = Potential price surge!
Stay updated and don’t miss out on the next big move!
Break below $66,800 could accelerate the downtrend 📉
💥 Verdict: BTC is slightly dumping now, but key support levels could hold. Watch $67,500 closely — next move decides bullish or bearish dominance 🔥 Stay sharp and manage risk $BTC