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Shiba Inu price moved into a bear market, falling by over 20% from its highest level this week as the recent crypto bull run faded. Shiba Inu (SHIB), the second-biggest meme coin in crypto, was trading at $0.000024 on Friday, Nov. 15, as most coins dropped. Bitcoin (BTC) remained below $90,000 as the recent bull run stalled. Still, there are signs that SHIB price will bounce back, and possibly retest its highest level this week at $0.00003045. For example, data from Shibburn shows that the Shiba Inu burn rate rose by 115% in the last 24 hours.  Over 16.1 million coins were burned, meaning that 410 trillion have been burned since its inception, bringing the circulating supply to 583 trillion tokens. Token burns happen when cryptocurrencies are moved to an inaccessible address, reducing the number of those in circulation. Another potential catalyst for Shiba Inu price is that the number of total addresses in Shibarium has jumped to over 1.89 million. If the trend continues rising, there is a likelihood that these addresses will rise to 2 million in the coming months. Meanwhile, the number of transactions completed in Shibarium has risen above 509 million in the past few months. This performance is notable since Shibarium is Shiba Inu’s layer-2 blockchain network. Some of the BONE tokens collected in fees are moved into SHIB and burned. 
Shiba Inu price moved into a bear market, falling by over 20% from its highest level this week as the recent crypto bull run faded.

Shiba Inu (SHIB), the second-biggest meme coin in crypto, was trading at $0.000024 on Friday, Nov. 15, as most coins dropped. Bitcoin (BTC) remained below $90,000 as the recent bull run stalled.

Still, there are signs that SHIB price will bounce back, and possibly retest its highest level this week at $0.00003045. For example, data from Shibburn shows that the Shiba Inu burn rate rose by 115% in the last 24 hours. 

Over 16.1 million coins were burned, meaning that 410 trillion have been burned since its inception, bringing the circulating supply to 583 trillion tokens. Token burns happen when cryptocurrencies are moved to an inaccessible address, reducing the number of those in circulation.

Another potential catalyst for Shiba Inu price is that the number of total addresses in Shibarium has jumped to over 1.89 million. If the trend continues rising, there is a likelihood that these addresses will rise to 2 million in the coming months.

Meanwhile, the number of transactions completed in Shibarium has risen above 509 million in the past few months. This performance is notable since Shibarium is Shiba Inu’s layer-2 blockchain network. Some of the BONE tokens collected in fees are moved into SHIB and burned. 
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shiba
shiba
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trump win
trump win
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$ETH Lawmakers Urge SEC to Approve Spot Ethereum ETFs bullish
$ETH Lawmakers Urge SEC to Approve Spot Ethereum ETFs

bullish
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$ETH Ethereum Price: QCP Predicts ETH To Hit $6K Amid Ether ETF Optimism Amid rising anticipation over the potential approval of the Spot Ethereum ETF by the U.S. SEC, QCP Capital predicts the Ethereum price surge beyond $6,000, sparking optimism.
$ETH Ethereum Price: QCP Predicts ETH To Hit $6K Amid Ether ETF Optimism

Amid rising anticipation over the potential approval of the Spot Ethereum ETF by the U.S. SEC, QCP Capital predicts the Ethereum price surge beyond $6,000, sparking optimism.
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$ETH SEC Ethereum ETF discussions underway, S-1 approval expected in hours
$ETH SEC Ethereum ETF discussions underway, S-1 approval expected in hours
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$ETH Hong Kong's Ethereum ETFs are having a moment! Daily inflows hit a record on May 21st, exceeding those of Bitcoin ETFs for the first time. This surge might be driven by hopes of US approval for Ethereum ETFs. Although Bitcoin ETFs still reign supreme in total volume, Ethereum ETFs are picking up steam. This trend highlights Hong Kong's role as a crypto leader, offering both Bitcoin and Ethereum ETFs for mainstream investors. #HongKong2024 #ETHETFS #ETFEthereum #Ethereum #cryptoniteuae
$ETH Hong Kong's Ethereum ETFs are having a moment! Daily inflows hit a record on May 21st, exceeding those of Bitcoin ETFs for the first time. This surge might be driven by hopes of US approval for Ethereum ETFs. Although Bitcoin ETFs still reign supreme in total volume, Ethereum ETFs are picking up steam. This trend highlights Hong Kong's role as a crypto leader, offering both Bitcoin and Ethereum ETFs for mainstream investors.
#HongKong2024 #ETHETFS #ETFEthereum #Ethereum #cryptoniteuae
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$ETH Ethereum(ETH) Surpasses 3,900 USDT with a Narrowed 5.10% Increase in 24 Hours ETH $3,930.26 +5.74%
$ETH Ethereum(ETH) Surpasses 3,900 USDT with a Narrowed 5.10% Increase in 24 Hours
ETH
$3,930.26
+5.74%
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$ETH Ethereum beats Bitcoin in this area: Will ETH’s growth continue?
$ETH Ethereum beats Bitcoin in this area: Will ETH’s growth continue?
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$ETH Solana Steps Up To The Plate: CEO Predicts It Could Be Next Crypto ETF
$ETH Solana Steps Up To The Plate: CEO Predicts It Could Be Next Crypto ETF
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$ETH Ethereum ETFs could be heading for approval today: Here’s what you need to know
$ETH Ethereum ETFs could be heading for approval today: Here’s what you need to know
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$ETH JUST IN! Hong Kong Prepares to Approve as SEC Opposes Staking in Ethereum ETFs! bullish
$ETH JUST IN! Hong Kong Prepares to Approve as SEC Opposes Staking in Ethereum ETFs!

bullish
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$ETH JUST IN! Hong Kong Prepares to Approve as SEC Opposes Staking in Ethereum ETFs!
$ETH JUST IN! Hong Kong Prepares to Approve as SEC Opposes Staking in Ethereum ETFs!
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