Good News ! this strategy continues, ๐ฅ
๐น Then $SHIB ๐ will be hot coin at the end of 2024 ๐ฃ
๐ฌ According to U.Today, Shiba Inu (SHIB) has seen more of its tokens burned lately, leading to its price going up. Shibburn, a site that tracks this, says over 24.2 million SHIB tokens were burned in the last day, which is a big increase. Right now, there are a huge 582.7 trillion SHIB tokens in circulation. Burning tokens helps keep the price stable and the ecosystem strong.
๐ This increase in burning tokens and the rise in price show that more people are becoming interested in Shiba Inu as a good investment.
๐ Despite some ups and downs in the short term, things look good for Shiba Inu in the long run, especially because people are actively involved in burning tokens and improving the ecosystem.
๐ฅ The Shiba Inu community has been sending lots of tokens to wallets where they can't be used, which helps to reduce the number of tokens available. So far, they've burned about 410.7 trillion tokens, showing their commitment to the project's success.
๐ Working to make SHIB tokens more useful and valuable within the ecosystem can also help keep the price going up over time.
๐ With more tokens being burned, the price of Shiba Inu has gone up. Right now, it's trading at $0.00002815, which is a 3.18% increase in the last day. Even though it's gone down by 10.86% in the last month, this recent increase suggests things might be turning around, especially with more people trading SHIB.
๐ As the Shiba Inu community grows and more people get involved, it could attract even more investors, making SHIB even more valuable.
๐ But, the price of Shiba Inu might keep changing, especially as we get closer to the Bitcoin halving event. People might wait to see how this affects the market before making any big decisions.
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