🔥 Shiba Inu (SHIB) is on fire, folks! 🐕 It's up 16% and no

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🔥 Shiba Inu (SHIB) is on fire, folks! 🐕 It's up 16% and now sits as the 11th largest cryptocurrency, with a market cap of $16.9 billion. - Meme coins are making a comeback, with the sector's market cap surpassing $70 billion. - SHIB's trading volume in the past 24 hours hit nearly $1.9 billion, outperforming other meme coins. - 70% of SHIB holders are currently in profit. What's behind this surge? Two key factors: - The project's burning mechanism, which has destroyed almost 10 million tokens, making SHIB scarcer and potentially more valuable. - The advancement of its Layer2 scaling solution, Shibarium, which aims to lower transaction fees and improve speed. What are your thoughts on this? Let's chat in the comments! 💬 #ShibaInu #CryptoNews

🔥 Shiba Inu (SHIB) is on fire, folks! 🐕 It's up 16% and now sits as the 11th largest cryptocurrency, with a market cap of $16.9 billion. 
- Meme coins are making a comeback, with the sector's market cap surpassing $70 billion. 
- SHIB's trading volume in the past 24 hours hit nearly $1.9 billion, outperforming other meme coins. 
- 70% of SHIB holders are currently in profit. 
What's behind this surge? Two key factors: 
- The project's burning mechanism, which has destroyed almost 10 million tokens, making SHIB scarcer and potentially more valuable. 
- The advancement of its Layer2 scaling solution, Shibarium, which aims to lower transaction fees and improve speed. 
What are your thoughts on this? Let's chat in the comments! 💬 #ShibaInu #CryptoNews