Torik Sh
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The $SHIB burn mechanism reduces the circulating supply, theoretically increasing scarcity and potentially driving up prices. Over 4 million tokens have been burned in the last 24 hours, representing a 6,233% increase. The Shiba Inu community continues to push for value through these burns.
$WIF $PENGU
However, reaching $0.01 remains a challenge. SHIB’s current supply is 589 trillion tokens. Even with an aggressive burn, reaching $0.01 would require a market cap of nearly $5.89 trillion — more than the entire cryptocurrency market combined.
Investor sentiment remains divided. SHIB’s Fear and Greed Index has fallen to a neutral 57%, though 88% of holders remain bullish. Meanwhile, the Relative Strength Index (RSI) is approaching the overbought zone, indicating a possible pullback.#Shibalnu #SHIBUSDT #SHİB #SHIBA🚀 #Shibainuholder
$WIF $PENGU
However, reaching $0.01 remains a challenge. SHIB’s current supply is 589 trillion tokens. Even with an aggressive burn, reaching $0.01 would require a market cap of nearly $5.89 trillion — more than the entire cryptocurrency market combined.
Investor sentiment remains divided. SHIB’s Fear and Greed Index has fallen to a neutral 57%, though 88% of holders remain bullish. Meanwhile, the Relative Strength Index (RSI) is approaching the overbought zone, indicating a possible pullback.#Shibalnu #SHIBUSDT #SHİB #SHIBA🚀 #Shibainuholder
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