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$SHIB Burn Rate
#Explodes 8,194% Is the Sleeping Dog Finally Waking Up? ๐โ
๐ฅ The Meme King Fights Back
After getting slapped around by market chaos, Shiba Inu (
$SHIB ) just pulled a comeback move nobody saw coming. The burn rate skyrocketed 8,194%, wiping out 5.7 million tokens in 24 hours yeah, thatโs not a typo. Price bounced hard off the $0.00000944โ$0.00001000 zone, now trading near $0.00001087, up 8% in a day. The SHIB armyโs barking again, and itโs loud.
๐ฅ The Burn That Lit the Fuse
This isnโt just hype token destruction this massive actually matters. Less supply means more scarcity, and thatโs exactly whatโs fueling the optimism right now. Itโs like watching SHIB pull a phoenix act burning itself to rise stronger. Investors are locking tokens away instead of dumping them, signaling serious confidence.
๐ณ Whales Moving Smart, Not Loud
CoinGlass data shows $3.9M flowing off exchanges thatโs holders quietly stacking and holding tight. The crowdโs shifting from panic to patience. You donโt move that much SHIB off exchanges unless you believe somethingโs brewing.
๐ The Setup Looks Juicy
If SHIB breaks above $0.00001316, it could trigger a chain reaction straight toward $0.00002364 roughly 120% upside from here. Key resistance zones are lined up like dominoes, and a clean breakout could flip this meme coin from โcute dogโ to โrabid rocket.โ
My Take
The Shiba communityโs fired up again, the chartโs coiled like a spring, and supplyโs getting torched daily. If this momentum holds, SHIB might just shock everyone again.
Soโฆ are you joining the burn gang or waiting for the smoke to clear? ๐
What do you think about this?
#MarketPullback #BinanceHODLerENSO #PowellRemarks