Shiba Inu Counseling Rate Sparks Bullish Sentiment, SHIB's New Hope

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The panic index for Shiba Inu (SHIB) has recently soared by nearly 100%, with over 6.26 million tokens permanently exiting the circulating market. This dynamic has investors filled with anticipation for SHIB's price surge.

Mechanism Introduction Drives Price Potential

As the initial rate of SHIB rises, market supply gradually decreases, and the supply-demand relationship may shift in favor of price increases. Currently, SHIB's price hovers around $0.00002293, with analysts predicting a potential rise to $0.000029.

Gas Upgrade

"SHIB: Metaverse": The "SHIB: Metaverse" launched during Christmas integrates multi-chain capabilities of Chainlink CCIP, further enhancing the technological potential of the ecosystem. The upcoming TREAT token: This new token's hints have further sparked community anticipation, potentially bringing new vitality and use cases to the SHIB ecosystem.

Whales Continue to Accumulate SHIB

The activity of large investors injects more confidence into the market:

The BTCTurk platform has cumulatively purchased 28.8 trillion SHIB, valued at up to $65.7 million, showing strong recognition of future potential.

Comprehensive Driving Forces for Price Rebound

Overall, SHIB's price growth potential comes from the following factors:

Internal Rate Peak: Reducing circulating supply enhances scarcity. Ecosystem Development: Including metaverse feature upgrades and the addition of new tokens enriches SHIB's application scenarios. Community and Whale Support: High community participation and trust from large capital holders form a solid backing.

With the surge of these positive factors, the bullish sentiment for SHIB is rapidly heating up, and future performance is worth looking forward to.

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