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Shiba Inu Faces Bearish Reversal Despite 3500% Burn Rate Spike Coinotag 11 اوت 2024

Shiba Inu Faces Bearish Reversal Despite 3500% Burn Rate Spike 📉

Shiba Inu experienced a significant correction within a falling wedge pattern. This bearish trend comes despite a substantial spike in the burn rate of SHIB tokens. According to Shiburn data, 40 million SHIB tokens were burned in the past 24 hours. This increase in the burn rate by 3500% has not been sufficient to counteract the overall bearish sentiment surrounding Shiba Inu. The market correction suggests investor caution remains high, leading to a decline in prices despite the burn efforts.

منبع: en.coinotag.com ↗

مقالات مشابه (125)

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Shiba Inu’s Burn Rate Drops by 100%, What Is Going On? Bitcoinist 17 اوت 2024
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Shiba Inu Burn Rate Spikes 1,088% In One Day, But It’s Not All Good News Bitcoinist 22 اوت 2024
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Shiba Inu Burn Rate Soars Over 3300%, Driving Optimism for SHIB’s Future
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