Only 394 Million SHIB Burned This Week, Here's Why Mechanism Is Not Effective

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Only 394 Million SHIB Burned This Week, Here's Why Mechanism Is Not Effective
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Shiba Inu burning is not effective enough with only 394 million SHIB burned in last 5 days shibainu shibaeternity shibarium $shib

Nevertheless, six-figure burning amounts do not work in the case of Shiba Inu, because 30 million SHIB is only $370, which is literally 0.0005% of the project's capitalization. Moreover, if you look at the statistics of SHIB burning for the last five days since the end of last week, it turns out that during this period 394 million SHIB were burnt, which in turn does not even exceed $5,000.This is really quite a strange situation.

again, it will be much more expensive to burn a lot of SHIB for a good increase of Shiba Inu capitalization.

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