Shiba Inu's Potential for Explosive Growth Amid Market Fluctuations

1 min read
Source: Bitcoinist
Shiba Inu's Potential for Explosive Growth Amid Market Fluctuations
Photo: Bitcoinist
TL;DR Summary

Shiba Inu's price has seen a recent surge, aiming to surpass $0.000020, despite a significant 95% drop in SHIB token burns over the past 24 hours. This decline in burn activity, with only two addresses participating, suggests a potential cooling in community engagement. However, the SHIB price remains up by 2.8%, trading at $0.00001913, indicating that the burn crash may not immediately impact the price, though there is a risk of a downturn if momentum falters.

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