Shiba Inu Soars 17% Amid Token Burn Surge
Shiba Inu Soars 17% Amid Token Burn Surge
Shiba Inu (SHIB), the popular dog-themed cryptocurrency, surged 17.7% in a single day and has climbed 30% over the past week, marking its strongest performance since April 1. Analysts attribute the rally to a remarkable spike in its token burn rate—soaring over 7,400%—and the corresponding reduction in its circulating supply.
Analysts Eye Higher Gains
Prominent crypto analyst Ali Martinez recently projected SHIB could hit $0.000037, repres...
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