. Historically, during volatile market periods, the burn rate of Shiba Inu has seen significant spikes. However, this time around, the burn rate has experienced an 85% reduction, which is a deviation from the norm.burn rate has been a point of interest for many investors, as it can impact the token's value in the long run. While the reduction in the burn rate might seem concerning, it is worth noting that the total amount of burned tokens remains at 250 million SHIB.
During the market turmoil, the cryptocurrency lost 10% of its value, and it is expected to continue going down due to fundamental pressures. It is important to note that Shiba Inu is not the only cryptocurrency experiencing a decline in value. The market is currently going through a significant correction, fueled by a series of negative events.While the burn rate reduction might be concerning, it is important to keep in mind that it is not the only factor that affects Shiba Inu's price.