SHIB’s burn rate has recently slowed to a mere 62 million tokens burned in the past week, signaling an intriguing shift in investor sentiment. Despite this slower burn rate and broader market uncertainty, SHIB’s price saw a notable 4.25% surge. This growth could be attributed to Shibarium’s flourishing TVL of $3 million, demonstrating growing DeFi adoption and network utility. However, the decrease in burn activity raises questions among investors, as it could signal waning enthusiasm for deflationary strategies. The potential reasons for this shift are still unclear, but market skepticism or a change in investor confidence are prime suspects. Perhaps, many are capitalizing on the current price rally by accumulating SHIB tokens instead of burning them, which traditionally helps drive value up.