
Shiba Inu Burn Rate Plummets 90% – How This Will Impact SHIB Prices in 2025
The recent drop in Shiba Inu’s (SHIB) burn rate has sent shockwaves throughout the cryptocurrency market. With a staggering 90.69% decline in burns over the past 24 hours, investors are left wondering what this drastic change means for the token’s price trajectory in 2025.
To better understand the implications of this development, it is essential to examine the relationship between SHIB’s burn rate and its price action. The data shows that the recent downtick in burn activity has not significantly impacted the token’s value, with prices remaining relatively stagnant. This lack of correlation between the two variables raises questions about their interplay.
One of the primary concerns surrounding this drastic drop in burns is how it will affect SHIB’s trajectory heading into 2025. Given the current market sentiment, many are questioning whether these deflationary efforts combined with whale transactions can generate sustainable growth for the token. The answer lies in network development and increased adoption.
As we approach a new year, it is crucial to understand the intricacies between burn rate and price action.
Source: ambcrypto.com