๐ฅ๐*Burning 1 billion Shiba Inu coins in 7 days: SHIB price rises by 85%*๐๐๐๐
๐๐ซ๐ซ๐๐๐๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐๐
The Shiba Inu coin has seen a notable increase in prices, supported by the burning of over a billion coins in the past seven days. This represents a 1677% increase in burn activity.๐ค
โ ๐๐๐*Reasons for the increase* ๐ค
1๏ธโฃ *Coin burning*: Over a billion Shiba Inu coins have been burned in 7 days. ๐ฅ
2๏ธโฃ *Increase in burn activity*: A 1677% increase in burn activity. ๐
3๏ธโฃ *Support from analysts*: Analysts indicate that technical indicators suggest higher price targets. ๐
*Predictions* ๐ฎ
Will the SHIB price continue to rise? ๐ค
Eyes are on targets of $0.00001500, $0.00001750, $0.00002050, and $0.00002500. ๐
โ *Conclusion* ๐
The Shiba Inu coin is experiencing a notable rise, supported by coin burning and increased burn activity. Will it continue to rise? ๐ค๐
โ *Ecosystem Updates* ๐ค
The Shiba Inu community is focusing on growing the ecosystem, with improvements on the Shibarium layer two blockchain. ๐
โ *Technical Indicators* ๐
Analysts point to a bullish divergence in SHIB's price chart, hinting at the potential for further gains. ๐
