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SHIB is making waves again. According to the latest data, the Shiba Inu burn volume has surged to an astonishing level—daily burn rate skyrocketed by 38,043%, directly returning to the peak of early-year enthusiasm.
Specifically, in the past day, millions of SHIB tokens have been permanently burned and completely removed from circulation. After a period of relative stability, the burn indicator suddenly spiked dramatically. What does this reflect? Generally speaking, such a significant burn operation indicates that the community or project team is actively promoting token deflation, directly reducing the total circulating supply.
From an economic perspective, with less circulating supply and demand remaining stable or even increasing, prices are more likely to experience upward pressure in the short term. Moreover, this deflationary mechanism is viewed by the market as a positive signal—tokens become more scarce, and the long-term asset value support is accordingly strengthened. Many investors see this as a key point, believing that SHIB's tokenomics are gradually improving.
Of course, whether the surge in burn volume can truly drive prices higher depends on overall market sentiment and the broader market trend. But from a deflationary standpoint, this direction is definitely correct.