BREAKING NEWS: SHIBA INU ($SHIB ) HOLDERS BEWARE!
Important updates are coming to Shiba Inu ($SHIB ) as the Shibarium mainnet prepares for a significant upgrade. This latest development introduces a new SHIB burn contract designed to align with the highly anticipated Heimdall and Bor hardfork upgrades. The integration will ensure Shibarium’s compatibility with Ethereum’s upcoming Dencun upgrade.
The burn contract is scheduled to go live at block 8200512, paving the way for future technological improvements and upgrades. This strategic move aims to reduce the circulating supply of SHIB, potentially increasing its value for investors and loyal holders.
On the market side, SHIB has seen an impressive 19.01% growth over the past week, but technical indicators are revealing a cooling-off period after reaching overbought levels. With the RSI signaling a possible short-term correction, traders could witness a mild correction in the near term.
Additionally, data shows a decline in whale accounts—those holding more than 1 billion SHIB—reducing by 155 over the past month, suggesting a shift in sentiment among major holders.
While these updates are exciting, the market remains unpredictable. As the mainnet upgrade approaches, traders and investors should remain vigilant for emerging trends and potential shifts. This could be a transformative time for SHIB!
$SHIB – Stay informed and trade wisely!
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