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According to Shibburn, the answer is that burns alone cannot influence prices without uniform and substantial token investments. It noted burning as much as 10 billion a The burns aren’t ShibaSwap related to their burn mechanism. So if it’s not the exchange doing organic burns thru it’s mechanism it won’t move price. Just gonna have to wait for Shibarium It is no longer news that efforts to burn Shiba Inu’s massive token supply remain crucial in propelling the token’s price growth. However, the sentiment shared by most The expert emphasizes the essential role of demand and uniform investments in shaping SHIB’s price, rather than relying solely on token burns. Burning a substantial number of tokens, while Shiba Inu (SHIB) has pivoted an intense token-burning schedule, but the 941% increase in weekly SHIB burns has barely affected the price. Over the past seven days

Shiba Inu Burns: Flaming Hot, But Why Isn't the Price?

Shiba Inu (SHIB) has pivoted to an intense token-burning schedule, with burns reaching impressive levels. Over the past seven days, we've seen a 941% increase in weekly SHIB burns! The talk of Shiba Inu burns is definitely flaming hot, but a common question lingers: why isn't the price reacting accordingly? Despite these efforts, the price movement has been minimal, leaving many investors puzzled.

It is no longer news that efforts to burn Shiba Inu’s massive token supply remain crucial in propelling the token’s price growth. However, the reality seems to contradict this sentiment. So, what's the disconnect?

The Truth Behind Shiba Inu Burns and Price Action

According to Shibburn, the answer is that burns alone cannot influence prices without uniform and substantial token investments. It noted burning as much as 10 billion tokens might seem significant, but in the grand scheme of Shiba Inu's massive supply, it's a drop in the bucket. The expert emphasizes the essential role of demand and uniform investments in shaping SHIB’s price, rather than relying solely on token burns.

Burning a substantial number of tokens, while seemingly positive, doesn't automatically translate to price increases. Think of it like this: reducing the number of slices in a pizza doesn't make the pizza more valuable if nobody wants to eat it!

The Role of Shibarium and ShibaSwap

Another crucial factor is the role of ShibaSwap and the upcoming Shibarium. The burns aren’t ShibaSwap related to their burn mechanism. So if it’s not the exchange doing organic burns thru it’s mechanism it won’t move price. Just gonna have to wait for Shibarium to fully launch and hopefully provide a sustainable burn mechanism integrated with its functionality.

While burns are happening, they might not be directly linked to the core functionality of ShibaSwap or the anticipated Shibarium network. This means the organic burn mechanisms tied to these platforms aren't driving the process. A fully functional Shibarium with a built-in burn mechanism could be the key to unlocking the price potential.

Looking Ahead: Demand is Key

Ultimately, the future of Shiba Inu's price hinges on sustained demand. While token burns can help reduce the overall supply, they are only one piece of the puzzle. Uniform and substantial investments, coupled with successful implementation and adoption of Shibarium and ShibaSwap functionalities, are crucial for truly propelling Shiba Inu to new heights.

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