Shiba Inu (SHIB)

🔥 Shiba Inu burns exploded but the price is still sleeping...

In the last 24 hours, the SHIB burn rate increased by %434 and millions of tokens were taken out of circulation.

However, looking at the chart, the picture is not very encouraging:

#SHIB has been crushed under a downtrend for about a year and every rally is met with selling. 📉

Burn news is nice but investors only want to see one thing:

When will the price start to burn? 🐕🔥

Do you think a bottom has been reached for SHIB, or are meme coins still in a bear market?

🔥 Shiba Inu Burn Rate Surges 434% in Hours

Shiba Inu's burn rate increased by 434.63% as millions of $SHIB tokens were sent to dead wallets over the past few hours, according to data from https://t.co/vKauaQmh3L.

Imagine thinking memecoins won’t outperform everything else. 🤭🚀 https://t.co/qAbcCAOxUp