🔥 Shiba Inu Gains 30% Amid Massive Burn Spike
Shiba Inu (SHIB) price has surged 30% over the past month, driven by growing investor confidence and market optimism. Despite market fluctuations, SHIB remains a standout in the meme coin sector, supported by a 6070% increase in token burns, signaling heightened demand and reduced supply.
🔥 Token Burn Rate Hits 6070%
Recent data from Shibburn shows a dramatic rise in token burns, with 4,187,786 $SHIB removed from circulation in just 24 hours. The total burned tokens now exceed 410 trillion, significantly impacting SHIB’s circulating supply of 580 trillion.
📈 Bullish Patterns Signal Major Rally
Positive market sentiment, reflected by the crypto fear and greed index, aligns with bullish technical charts. SHIB faces resistance at $0.000028, but a break past $0.00003 could propel it to $0.0005 by November’s end—a potential 90% rally.
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