#TrumpTariffs El Shiba Inu reaches a peak in its burn rate: What to expect?.
$SHIB 🦊💥💥💥
#DayTradingStrategy The cryptocurrency Shiba Inu is playing the waiting game. While the market struggles to regain ground, this memecoin is caught in a rather dark tunnel. The light, on its part, takes time to appear… but there is no premature burial. Some technical indicators, a skyrocketing burn rate, and whispers from analysts about a possible turnaround: the phoenix scenario could resurface. A cryptocurrency landscape that refuses to fall into oblivion.
💥Coming soon✨
🔸The burn rate of Shiba Inu skyrocketed by 10,786% in just a few days.
🔸More than 9.5 million SHIB were burned with no immediate impact on the price.
🔸88% of SHIB holders are still at a loss according to data from IntoTheBlock.
🔸The level of $0.0000119 remains a key resistance that blocks any attempt at a lasting recovery.
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