Shiba Inu’s Burn Rate Makes a U-Turn: Just $2 Burned in Day
Shiba Inu's token burn rate has dramatically declined, with only $2 burned in a single day, signaling a sharp reversal in momentum for the deflationary mechanism that has historically been central to SHIB's value proposition. This cooling trend suggests waning community participation in burn initiatives and raises questions about the sustainability of token scarcity as a price driver.