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Major Twist in Shiba Inu (SHIB) Burn Rate Can Trigger Price Surge
Shiba Inu’s (SHIB) price has been on a rebound journey over the past week, despite market fluctuations. The meme coin’s value has experienced a 0.45% increase in the last 24 hours. While market volume remains down by 23.47% at $831.44 million, this unexpected price appreciation indicates a shift in momentum.
SHIB’s burn activity has been instrumental in supporting its climb back up from an all-time low of $0.00002447. Market observers believe that the retracement in the broader crypto sector could potentially trigger a surge for SHIB.
Source: u.today
