2024-12-31 14:59:51

Shiba Inu destruction rate big dump 90% - How will this affect the price of SHIB in 2025

The destruction rate of SHIB [SHIB] has recently fluctuated, and the destruction rate has dropped sharply by 90.69% in the past 24 hours.

Although token burning is a deflationary mechanism aimed at reducing supply and increasing scarcity, its impact on the price of SHIB has been limited so far.

As 2025 approaches, many people are questioning whether the combination of destruction work and whale activities can generate long-term value, or whether broader market conditions will continue to overshadow these efforts.

Understand the burn rate and recent price trends of SHIB
As a background, the burn rate refers to the speed at which tokens permanently exit circulation, reducing the overall supply. In theory, this mechanism would boost demand. However, recent data has sparked concerns.

In the past 24 hours, a total of 506,465 SHIB tokens were destroyed, a significant decrease of 90.69% compared to previous levels.

SHIB-1,83%

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