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SHIB Burn Rockets 7400% As Exec Burns 80M Coins, Shiba Inu Price to $0.0004? Coingape 30 Th11 2024

SHIB Burn Rockets 7400% As Exec Burns 80M Coins, Shiba Inu Price to $0.0004? 🚀

Shiba Inu

The Shiba Inu cryptocurrency has recently been under the spotlight due to a significant increase in its burn rate, which surged by 7,400% this past week. This sharp rise in the destruction of SHIB coins has caught the attention of market watchers who are speculating on its potential price movement.

Saturday's statistics revealed that approximately 2 billion SHIB coins were removed from circulation. This substantial burn indicates active efforts to reduce the supply, a strategy that can potentially influence Shiba Inu's price dynamics.

As a result of these developments, there is heightened anticipation among crypto enthusiasts regarding the potential for Shiba Inu's price to reach a target of $0.0004. The increased burning activity aligns with bullish sentiment in the market.

Nguồn: coingape.com ↗

Bài viết tương tự (31)

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Shiba Inu Burn Rate Soars 5545% as SHIB Community Burns Over 61 Million Tokens Coinpedia 28 Th11 2024
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SHIB Burn Skyrockets 7400%: Price to $0.0004? Coinpedia 30 Th11 2024
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Market Optimism Elevates Shiba Inu Price Potential Bitcoinhaber 30 Th11 2024
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Shiba Inu Price Soars Despite 84% Decline in SHIB Burn Rate Coingape 02 Th12 2024
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