🔥 SHIB Update: Major Burn, Shibarium Upgrade & Price Outlook 🐕🚀
Shiba Inu is heating up again! Over 500 million SHIB were burned on June 16—a 3,500% spike in burn rate—driving a 4% pop in price and sparking new investor attention . This burn initiative underscores a community dedicated to reducing supply.
Even bigger, the new Shib Alpha Layer just launched on Shibarium—simplifying gas, enabling multi-rollup access, and powering near-instant transactions . This marks a shift from meme-only to practical utility, setting up SHIB for broader DeFi and gaming applications.
Technically, SHIB is breaking key resistance at $0.000012, aiming for higher levels—but it needs big burns and sustained on-chain activity to hold the momentum .
💬 What’s your take? Can SHIB sustain this rally and utility push? Drop your thoughts! 👇
