Shiba Inu Coin's burn rate is 100%, and the community welcomes new hope
Moreover, the Shiba Inu community recently launched the platform "SHIB: The Metaverse", which has increased the visibility of Shiba Inu Coin. This platform has great visual effects and utilizes Chainlink CCIP technology, allowing SHIB to perform better across multiple chains. Prominent figures in the community, such as KaalDhairya, have also come out to support it, attracting widespread attention.
Additionally, SHIB's chief developer Shytoshi Kusama revealed that a new token called TREAT is about to be launched, which is another reason for optimism among investors.
Although the price of Shiba Inu Coin has been somewhat volatile recently, it is currently holding around $0.00002293. Its 24-hour low and high prices are $0.00002261 and $0.00002402, respectively. Despite the significant price fluctuations, many still hold a positive outlook on the long-term prospects of Shiba Inu Coin.
In particular, SHIB's chief developer Shytoshi Kusama has been emphasizing community development, leading many to believe that there is substantial room for price increases. With the rising burn rate of Shiba Inu Coin and strong on-chain dynamics, there are speculations that the coin could rise to $0.000026, or even $0.000029.
Furthermore, data shows that the Turkish cryptocurrency exchange BTCTurk has accumulated a significant amount of Shiba Inu Coin, valued at $65.7 million. Overall, everyone is currently focused on Shiba Inu Coin, believing it may experience a wave of increase.
