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⇗ Could Rapid Surge in Shiba Inu's Burn Rate Propel its Price Upwards?

Could Rapid Surge in Shiba Inu's Burn Rate Propel its Price Upwards?
Shiba Inu Coin (SHIB) is poised for a significant price increase due to a variety of factors. Notably, whales are burning billions of the coin, contributing to a potential price storm. In a highly unexpected twist, SHIB has formed a rare golden cross, boosting investor confidence and suggesting that its bullish surge is far from over. Yet, it must be considered that other cryptos under $1 are also set for a substantial increase, possibly by as much as 25000%. Despite a temporary slump in its burn rate, SHIB's overall burn rate has rocketed by nearly 2000%, corresponding with a price increase and prompting experts to label it the bull market's 'sleeping giant'. Meanwhile, SHIB dev's ambitious pitch to show Ethereum founder its noteworthy growth and potential has garnered massive attention, as well as its spectacular 33,774,726% growth, defeating Bitcoin and Dogecoin. Notwithstanding, it is essential to note that market competitors, including Dogecoin and Pepe Coin, are vying for dominance in the meme coin market. However, SHIB is strategizing to outpace Dogecoin in 2025, owning to a great surge in investor confidence and significant price pumps. Furthermore, SHIB's lead dev has proposed a crypto strategic hub in the US, leading to a 40% pump. Nevertheless, some believe an end of the year rally is impending; while others assert that SHIB will never hit the $1 marker.

SHIB Coin News Analytics from Tue, 05 Nov 2024 08:00:00 GMT to Thu, 14 Nov 2024 00:00:00 GMT - Rating 5 - Innovation -4 - Information 8 - Rumor 2

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SHIB Coin - News Analyzed: 2,000 - Last Week: 100 - Last Month: 400