Recent 400% increasing of $SHIB coin burn .. ๐ฅ
๐ต Going to Raise its price ? ๐
๐ Shiba Inu experts are feeling hopeful about the cryptocurrency's future, expecting it to reach new highs thanks to its burning program and upgrades to the Shibarium network.
๐ Shiba Inu's price went up by about 9% this week after a few weeks of going down. Many experts think it's heading for big gains soon.
๐ Crypto investor SHIB KNIGHT checked out Shiba Inu's performance for the week and saw that it passed an important level where it was hard to go higher. He thinks if people keep buying Shiba Inu like they are now, it could reach new highs.
๐ TradingView expert Xanrox said earlier this month that Shiba Inu will 'definitely' start going up later this year, especially at the 0.618 FIB retracement level.
๐ Other experts, like JAVON MARKS and Ali, shared their thoughts too. MARKS thinks Shiba Inu could go up a lot because it's been really strong this year, while Ali thinks it might go up by 40%.
๐ฐ Two big things that could make Shiba Inu worth more are the burning program working well and upgrades to Shibarium. The burning rate shot up by 500% on March 21, and there have been over 400 million transactions on Shibarium, as reported by CryptoPotato.
Overall, experts think Shiba Inu has a bright future ahead, with exciting developments and positive feelings in the market possibly leading to big price jumps soon.
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