Rocket

Burn

Apple

Bonk

Shiba Inu

<ul> 
 <li>The SHIB team addresses the question “Why isn’t the price moving after massive burns?”.</li> 
 <li>Burns alone may not significantly impact the price unless they match the current purchase rate.</li> 
 <li>SHIB’s growth potential is limitless as long as it remains active, retains community interest, and continues to be adopted.</li> 
</ul> 
<p>The <a href="https://www.shibburn.com/blog/the-impact-of-burns-and-demand" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu team</a> recently addressed a common question that has been circulating among the community: “Why isn’t the price moving after massive burns?” The team clarified that burns alone are unlikely to significantly impact the price unless they match the current purchase rate. For instance, burning 10 billion tokens in a week will not impact the price when larger transfers are being purchased daily.</p> 
<figure class="wp-block-embed is-type-wp-embed is-provider-crypto-news-land wp-block-embed-crypto-news-land"> 
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  <blockquote class="wp-embedded-content" data-secret="eGx64ULmLj"> <a href="https://cryptonewsland.com/shiba-inu-shib-price-analysis-july-week-3-to-4/" rel="noopener noreferrer nofollow">Shiba Inu (SHIB) Price Analysis July Week 3 to 4</a> 
  </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" title="“Shiba Inu (SHIB) Price Analysis July Week 3 to 4” — Crypto News Land" src="https://cryptonewsland.com/shiba-inu-shib-price-analysis-july-week-3-to-4/embed/#?secret=Nuja1BCrJb#?secret=eGx64ULmLj" data-secret="eGx64ULmLj" width="600" height="338" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe> 
 </div> 
</figure> 
<p>The price of a token is not solely determined by burns. A new token can burn 90% of their supply, but if there’s no demand for that token, it doesn’t hold much value. Supply and demand have always been the key factors for price movement.&nbsp;</p> 
<p>If the demand for the token surges, and more people start buying it, the available supply reduces creating scarcity. This increased demand and decreased supply can positively influence the token’s price.</p> 
<figure class="wp-block-embed is-type-wp-embed is-provider-crypto-news-land wp-block-embed-crypto-news-land"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="wp-embedded-content" data-secret="WosilS1bJE"> <a href="https://cryptonewsland.com/shib-price-prediction/" rel="noopener noreferrer nofollow">SHIBA INU Price Prediction 2023 to 2032: Will SHIB Price hit $0.00004 Soon?</a> 
  </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" title="“SHIBA INU Price Prediction 2023 to 2032: Will SHIB Price hit $0.00004 Soon?” — Crypto News Land" src="https://cryptonewsland.com/shib-price-prediction/embed/#?secret=LvGzYrZofb#?secret=WosilS1bJE" data-secret="WosilS1bJE" width="600" height="338" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe> 
 </div> 
</figure> 
<p>Looking ahead, the future of Shiba Inu in the crypto space appears promising. As long as Shiba Inu remains active, retains community interest, and continues to be adopted, the potential for growth is limitless.&nbsp;</p> 
<p>The crypto world is still growing, and further growth is inevitable. Consider the potential impact when giants like Google and Apple fully adopt cryptocurrency. Shiba Inu is just two years old, and it’s still early days. Remember, a lot of what’s being built hasn’t yet been released.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/bonk-price-dips-50-despite-massive-burn-rugpull/" rel="noopener noreferrer nofollow">Bonk Price Dips 50% Despite Massive Burn. Rugpull?</a></li> 
 <li><a href="https://cryptonewsland.com/shiba-inu-unveiled-shib-burns-sb-visa-card/" rel="noopener noreferrer nofollow">Shiba Inu Unveiled SHIB Burn’s SB Visa Card</a></li> 
 <li><a href="https://cryptonewsland.com/demand-for-bitcoin-falls-as-supply-rises/" rel="noopener noreferrer nofollow">Demand for Bitcoin Falls as Supply Rises</a></li> 
 <li><a href="https://cryptonewsland.com/new-dex-to-burn-lunc-fix-terra-ecosystem/" rel="noopener noreferrer nofollow">New DEX To Burn LUNC, Fix Terra Ecosystem</a></li> 
 <li><a href="https://cryptonewsland.com/can-shiba-inu-shib-burn-bring-a-13000-rocket-surge/" rel="noopener noreferrer nofollow">Can Shiba Inu (SHIB) Burn Bring a 13,000% Rocket Surge?</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/shib-team-explains-why-massive-burns-arent-driving-price-movement/">SHIB Team Explains: Why Massive Burns Aren’t Driving Price Movement</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

SHIB Team Explains: Why Massive Burns Aren’t Driving Price Movement

Crypto News Land

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