#Write2Earn #Shibarium #SwingTradingStrategy

Here's a Binance Square post based on the chart:

*Shiba Inu (SHIB) Price Prediction and Token Burn Update*

The Shiba Inu team has been actively burning tokens to reduce supply and boost scarcity. As of the latest update, over *410 trillion SHIB tokens* have been burned, with more burns planned in the future.

*Current Price:* $0.00001127

*Market Cap:* $4.8 billion

*Price Prediction:* With the ongoing token burns and increasing adoption, some analysts predict SHIB could reach $0.00001-$0.00005 in the near future.

*Token Burn Details:*

- Total tokens burned: 410 trillion+

- Burn frequency: Regular burns planned

- Source: Shiba Inu official Twitter, Binance

*Chart Analysis:*

- The chart shows a significant price drop in the last 30 days, followed by a slight recovery.

- The Relative Strength Index (RSI) indicates a neutral market sentiment.

- The Moving Average (MA) suggests a potential bullish trend.

*Stay Informed:*

Follow reliable sources for updates on SHIB's progress and market trends.

*Disclaimer:* Cryptocurrency investments carry risks. Do your own research!

*Join the conversation:* Share your thoughts on SHIB's potential and token burns!

Sources:$SHIB

- Shiba Inu official Twitter

- Binance

- CoinMarketCap