Burning Shiba Inu Melejit 243%, Price SHIB Jalan Di Tempat

Burning Shiba Inu skyrocketed 243%, the price of SHIB is on-site (Photo; Doc. Capital)

JAKARTA - Shiba Inu (SHIB) recorded an impressive spike. The daily burning rate of SHIB jumped to 243%. Despite this significant increase, the price of SHIB has remained stable and has been in the narrow range over the past two days.

According to the Shibburn X account, 20,198,590 SHIBs have been burned in the past 24 hours, representing an increase of 243.67% in the combustion rate. However, the price of SHIB shows little movement. In the last two days, prices have remained stable, fluctuating in the narrow range between 0.0000166 US Dollars (approximately Rp0.27) and 0.0000172 US Dollars (approximately Rp0.28).

Several factors, including market sentiment, could affect the stability of the SHIB price despite an increase in the burning rate. Individual token prices may be influenced by overall sentiment in the crypto market, which could be positive, negative, or neutral. The lack of price movements may indicate that other market forces are playing, covering the impact of the burning rate.

Reporting from U.Today, a member of the Shiba Inu team,men, gave an encouraging message to the SHIB community: We will not stop at SHIB, BONE, LEASH, SHEB. In the midst of a period of market uncertainty as reflected in decreasing prices,men emphasized the Shiba Inu team's commitment to project growth and development. Their focus includes the main tokens in this ecosystem SHIB, BONE, LEASH, and SHEB newly introduced.

The Shiba Inu community continues to support SHIB, BONE, LEASH, and SHEB, while the market is looking forward to observing how these tokens will evolve in the coming days.