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🔥🔥🔥Shiba Inu Set to Break 5 Month Downtrend: How High Will SHIB Go? 🤔🚀

( CARV protocol Airdrops Guide )

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🔥🔥 Shiba Inu is one of multiple meme coin cryptocurrencies on the market that suffered from a bearish August. Most of the market faced significant price drops but is beginning to rebound. SHIB in particular, had a rough few months before August before a further dropoff. Now though, the asset is slated to ride the current market rebound, breaking a 5-month downtrend.

• The meme coin is finally noting consistent support from its investors, as noted in the funding rate. This steady backing from investors is crucial for maintaining upward momentum. It could also signal growing confidence among the Shiba Inu community. Additionally, inflows into Shiba Inu have been strong over the past month and a half. Consistent inflows suggest that capital is steadily moving into the asset. In turn, this further supports its recovery and potential for future growth.

• Another aspect set to help the meme coin break out of its recent downtrend is a rise in its burn rate. The coin’s burn rate skyrocketed 1,250% on Friday, giving the asset a slight 1% boost. Over the past week, SHIB is up 14%.

🔥🔥CARV PROTOCOL AIRDROPS CAMPAIGN:

CARV Protocol is launching an airdrops campaign to promote its decentralized data management platform. The campaign aims to distribute 10,000,000 CARV tokens to participants. To participate, register on the CARV Protocol website, verify your email, follow social media channels, and complete tasks.

CAMPAIGN DETAILS: 🎯

- Total tokens: 10,000,000 CARV

- Start date: August 1, 2024

- End date: September 30, 2024

- Rewards: CARV tokens, early bird bonus, referral bonus

CLAIM YOUR CARV TOKENS NOW:

and be part of the decentralized data management revolution!

#CARVingTheFutureOfData

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@Binance Angels