Shiba Inu's burn tracker shows that the number of SHIB tokens burned this time is less than 1, highlighting that such small-scale burns have a negligible impact on SHIB's circulating supply (which is in the hundreds of billions). Since the daily exchange inflow of SHIB reaches tens of billions and reserves continue to grow, small-scale burns cannot address structural issues such as oversupply and selling pressure. Analysts point out that to truly reduce the supply, continuous burns in the trillions are needed to influence market dynamics.
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GateUser-c9cdc131
· 01-09 17:18
The seller destroys 5% and continuously sells off 90% would be fine.
Shiba Inu's burn tracker shows that the number of SHIB tokens burned this time is less than 1, highlighting that such small-scale burns have a negligible impact on SHIB's circulating supply (which is in the hundreds of billions). Since the daily exchange inflow of SHIB reaches tens of billions and reserves continue to grow, small-scale burns cannot address structural issues such as oversupply and selling pressure. Analysts point out that to truly reduce the supply, continuous burns in the trillions are needed to influence market dynamics.