Shiba Inu (SHIB) is still an appealing alternative for investors in 2024. 💰
Shiba Inu, is currently trading at $0.000009833, with a 0.80% increase in the last 24 hours and a 7.29 percent decrease in the past seven days. 🚀📈
This is due to factors such as token burning, an optimistic on-chain indication, and a relationship with K9 Finance. Shiba Inus' high adoption rate, which reached 39.27% on February 17, 2024, is attributed to its ecosystem's ability to retain most of its members. 👥🛡️
SHIB tokens are being burned daily, leading to a bullish milestone of $0.00001, with almost 52 million tokens burned so far. This indicates a mechanism for aggressive deflation, with a total of 410,708,459,364,680 tokens removed from circulation. 🔥🔥
The price of SHIB is currently seeking resistance at $0.000008, with the possibility of reaching $0.0000250 by the end of this year if bullish indications persist. Another option is that the cryptocurrency may reach $0.0000235. ↗️
A collaboration with K9 Finance could drive the price of SHIB up to $0.00001. The success of Shibarium and Shiba Inu will depend on their performance, with the enhanced network expected to reach significant milestones in transaction volume and value. K9 Finance is responsible for developing the Shibarium ecosystem, with the launch scheduled for March 7th, 2024. 💪🗓️
Shiba Inu may anticipate a jump in the value of SHIB tokens due to increased adoption, token burning, and collaboration with K9. 👥💵🚀
