1 Billion SHIB Inu Burn – Why Isn’t SHIB Price Rising?
Shiba Inu burn events are making quite a stir in the crypto world. Well, another massive 1 billion SHIB tokens are being removed from circulation. Despite these pretty significant burns happening one after another, many investors and Shiba Inu coin enthusiasts are wondering why these actions haven’t actually translated to any noticeable price movements for the popular meme coin. Source: Shibburn Also Read: Pi Network (PI) Faces 50% Correction: Should You Buy The Dip? Shiba Inu Burn & Price Impact: What Investors Need to Know Source: Watcher Guru Another Billion SHIB Vanishes A massive Shiba Inu burn of 1 billion tokens was executed just recently. This marks the second such event within a three-day timeframe. The burn was performed by the same anonymous wallet that previously incinerated another billion SHIB. Therefore, it brings their total to an impressive 2 billion SHIB removed from circulation in less than a week. Lucie, the marketing expert for the Shiba Inu team, noted on soc...