Shiba Inu burn rate spikes over 50%: What does it mean for SHIB?

The Shiba Inu (SHIB) token burn rate has spiked by over 56%, but this hasn't positively impacted its price, which fell by 3.86%. Despite the increased burn aimed at creating scarcity and boosting value, the token's price movement remains unpredictable, sometimes moving sideways or even declining. Additionally, SHIB's social dominance and circulation have dropped, suggesting reduced market focus and possibly lower selling pressure, which might stabilize or gradually increase the token's price.