$SHIB Shiba Inu burn rate jumps by 22,604% and SHIB price is set to rise by 15%
SHIB burn rate explodes significantly
Market interest in Shiba Inu has returned after a stunning increase in the burn rate of 22,604%, with over 26 million SHIB tokens burned in just 24 hours. This reflects the growing community activity to reduce supply and stimulate price.
SHIB Price Predictions
Technical analysis shows bullish signals, with SHIB trading above the 20-day moving average. Analysts expect a potential rise of 15%, with key resistance at $0.000027 and the next target at $0.000030.
Market confidence and sentiment
Sentiment around SHIB is improving thanks to community efforts and general optimism in the market, and this burn-driven rise may pave the way for larger gains in the future.
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