Big shocker in the Shiba $SHIB Inu world! While the burn rate just skyrocketed to 112,000%, with over 116 million SHIB wiped from circulation 💀🔥, the price keeps slipping — now at $0.00001190, down 2% in 24H.
🔥 What’s Going On?
112,839% burn spike = SHIB getting rarer 💸
116M+ tokens burned = gone forever
Over 1.5M wallets active = strong community 💪
Shibarium L2 growth surging 🚀
Still, SHIB is stuck in a downtrend. Even with this insane burn and growing use, the market isn’t biting yet.
📊 But There’s Hope!
Double-bottom pattern forming 📈
$0.0000122 is key resistance
A breakout could trigger a 20% rally to $0.000016 🎯
Volume spikes suggest buyers are lurking 👀
⚠️ Bottom Line
SHIB is burning like crazy, and the community is stronger than ever — but price action is testing patience. A breakout could be near, so keep your eyes on the charts. 👁️💹
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By: Crypto_Nova 💥
