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Shiba Inu Burn Rate Skyrocketed 800,000%, Here’s Where the SHIB Price is Headed :D

Despite the ongoing market correction, the second-largest memecoin by market capitalization – Shiba Inu (SHIB) – is still approximately 15% up on a monthly basis (per CoinGecko’s data). Some analysts, including the one using the X (Twitter) handle Ali, believe a fresh rally in the near future might be in the cards.

The analyst presented a chart of the social media platform, estimating that SHIB has a chance of a 45% price increase should it maintain “the crucial support level at $0.0000103.” 

Source: Cryptopotato

https://cryptopotato.com/shiba-inu-burn-rate-skyrockets-800000-heres-where-the-shib-price-is-headed-analyst/