SHIB key indicator soared 3,988%, can the bull market explode 100 times again?

The latest data released by the Shibburn website shows that the SHIB army has stepped up its efforts to remove as much SHIB as possible from the circulating supply of meme coins.

Meanwhile, the second largest meme cryptocurrency SHIB continues to consolidate sideways, regularly trying to break through the $0.0001700 level and return to previous highs.

Shibburn rate reported that in the past 24 hours, the SHIB destruction rate has achieved an impressive 3,988.31% growth, destroying 71,187,963 SHIB meme coins. 19 hours ago, most of SHIB was transferred to an unusable blockchain wallet in the form of 69,000,000 Shiba Inu blocks.

Earlier this week, SHIB marketing director Lucie published two posts on her X account discussing the possibility of the fund management company launching an exchange-traded fund (ETF) based on Shiba Inu. For more cryptocurrency investment logic, please visit my homepage! 🌟

The first spot Bitcoin ETF was launched in January, and now the cryptocurrency market is looking forward to the approval of an ETF tracking the spot price of Ethereum by the US Securities and Exchange Commission.

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