Market Fluctuations: SHIB Price Sees Unexpected Shift Following Recent Growth Milestone
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SHIB Burns Collapse as Price Makes Unexpected Pivot
As we reported yesterday, the Shibariumscan explorer revealed that Shiba Inu’s layer-2 blockchain is approaching a significant milestone, with an overall transaction count now exceeding 698 million. This growth has led to an increase in daily transactions, which has reached 4.71 million.
However, a shocking twist has unfolded as SHIB burns collapse and the price makes an unexpected pivot. The previously rising asset, SHIB, has seen its value plummet by more than 10% after yesterday’s rise of over 10%. As of this morning, the cryptocurrency is now trading at $0.00002336, down from the previous high of $0.00002363.
This sudden collapse in price may raise concerns among investors, but it’s essential to remember that market volatility is a normal occurrence.
Source: u.today
