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Shiba Inu Price Continues to Decline, SHIB Burn Rate Surges by 112,000% The burn rate of Shiba Inu (SHIB) cryptocurrency surged over 112,000% earlier this week, resulting in the permanent removal of 116 million tokens from circulation. Despite this, SHIB’s price remains under pressure and is currently trading at $0.00001190, reflecting a drop of nearly 2% in the past 24 hours and around 5% over the week. Technical analysis suggests that Shiba Inu’s supply-side indicators are showing a positive trend, yet the token continues to face market pressure. Token burning means SHIB tokens are being permanently removed from circulation on a daily basis, reducing supply and creating a deflationary effect. According to CoinDesk AI reports, about 527 trillion SHIB tokens are close to being profitable, while the burn rate has seen a massive surge of 112,839%. Furthermore, the SHIB ecosystem has shown signs of strength, with a record increase in wallet addresses — now exceeding 1.5 million unique addresses. Shibarium Layer-2 transactions have also increased significantly, indicating the growing popularity of the cryptocurrency. Although the market has experienced heavy selling pressure, leading to a trading volume far above average and resistance forming at $0.0000122, a double bottom pattern is emerging on the charts, suggesting a potential 20% price recovery. The narrow price range and sudden spike in volume indicate that SHIB is currently in a consolidation phase, with a possible upward breakout on the horizon. Overall, Shiba Inu’s ecosystem and supply-side fundamentals remain strong, but the ongoing price decline warrants careful consideration by investors. #SaylorBTCPurchase #TrumpBTCTreasury #IsraelIranConflict $SHIB
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Which crypto sector will grow the most in the next bull run? A) AI-based tokens B) Real-world assets (RWA) C) Gaming & Metaverse #TrumpBTCTreasury #BinanceHODLerHOME $BNB
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Crypto Wisdom 15 June 2025 1. "Consistency beats luck in the crypto world." "کرپٹو کی دنیا میں مستقل مزاجی قسمت سے بہتر ہے۔" 2. "Don’t invest to impress — invest to progress." "سرمایہ کاری دکھاوا کرنے کے لیے نہیں، ترقی کے لیے کرو۔" like & Share By: Crypto King Follow Me
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Can Ethereum Price Reach $4,000 Again? Market Analyst Says ETH Must Stay Above Critical Support Level At the beginning of the week, Ethereum (ETH) saw a strong rally as it crossed the $2,800 mark for the first time since February 2025. However, escalating tensions between Israel and Iran negatively impacted risk assets, leading to a decline in the prices of both Bitcoin and Ethereum. Ethereum's price dropped below $2,800, falling to the psychological level of $2,500 — a notable deviation from its recent upward trend. According to historical data, if Ethereum maintains a position above the $2,500 support level, it could signal strength in price action. Crypto analyst "Rekt Capital" posted on social media platform X, highlighting that Ethereum has established the $2,500 level as a key support zone. Over the past five weeks, Ethereum has consistently held above this level. If this trend continues, a significant price increase toward the $4,000 mark is possible. Rekt Capital noted that this $2,500 support level has previously helped Ethereum rise to $4,000. In December 2024, Ethereum's price was close to $4,000 before experiencing a nearly 60% drop at the start of the year. A return to this level could signal the beginning of a much-anticipated "Altcoin Season." Currently, Ethereum is trading at around $2,577, reflecting a 3% drop over the last 24 hours. In another post, Rekt Capital stated that Ethereum’s market dominance recently reached a five-year high, hitting 10% for the first time since 2020. If this positive trend continues, further price increases for Ethereum are expected. Bitcoin’s market dominance could decline, increasing the chances of an Altcoin Season in this cycle. #eth #ethereum #BTC #Bitcoin #ethereumnews #bitcointrading #postviralシ #Bitcoin2025 #btcupdate #btcfirstfeature #altseason #btcprice #BitcoinCash #bitcoinmining #BitcoinUpdate #altcoins #XRP #xrpripple #XRPHolder #XRPCommunity #Solana #CardanoCommunity #Cardano #CardanoADA
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$BTC Which factor will drive the next major Bitcoin pump? A) Institutional Adoption B) Spot ETF Approvals C) Global Economic Crisis Test your Knowledge
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