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🐕 SHIB survived this week’s correction, rallying briefly with DOGE 🚀 💹 Trading at $0.000023, SHIB shows resilience with volumes exceeding $1B 📈 🚀 Momentum may extend, covering weekly losses for SHIB 💭 🌐 SHIB aims to become a Web3 hub, serving DeFi, games, NFTs, and airdrops 🎮 🔧 Shiba Inu completes first stage of Shibarium hard fork, improving block production efficiency 🛠️ 🔄 Second stage, Heimdall fork, enhances finalizing layer for immutable transactions 🔄 🔗 Shibarium network gains importance as transaction layer for ShibaInu project 🌐 💼 Supported by 100 Validator Nodes, Shibarium optimizes fees for attractiveness 🛡️ 📈 Shiba Inu works to grow Shibarium ecosystem with fee-burning program 🔥 💰 Shiba Inu adds reward asset TREAT to portfolio, raising $12M in April 💰 🍬 TREAT token shows ability to bounce and achieve gains, trading at $0.00085 on May 3 💸 #altcoins #BlackRock #SHİB

🐕 SHIB survived this week’s correction, rallying briefly with DOGE 🚀

💹 Trading at $0.000023, SHIB shows resilience with volumes exceeding $1B 📈

🚀 Momentum may extend, covering weekly losses for SHIB 💭

🌐 SHIB aims to become a Web3 hub, serving DeFi, games, NFTs, and airdrops 🎮

🔧 Shiba Inu completes first stage of Shibarium hard fork, improving block production efficiency 🛠️

🔄 Second stage, Heimdall fork, enhances finalizing layer for immutable transactions 🔄

🔗 Shibarium network gains importance as transaction layer for ShibaInu project 🌐

💼 Supported by 100 Validator Nodes, Shibarium optimizes fees for attractiveness 🛡️

📈 Shiba Inu works to grow Shibarium ecosystem with fee-burning program 🔥

💰 Shiba Inu adds reward asset TREAT to portfolio, raising $12M in April 💰

🍬 TREAT token shows ability to bounce and achieve gains,

trading at $0.00085 on May 3 💸

#altcoins #BlackRock #SHİB

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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🔥 Wow, Shiba Inu (SHIB) is on fire! 💸 The token burn rate has skyrocketed by a whopping 863.58% in the last 24 hours, with a mind-blowing 107,081,056 SHIB tokens removed from circulation. That brings the total number of SHIB tokens burned over the past week to 368,456,226! 🤯 For those who don't know, token burning is like a deflationary mechanism that reduces the total supply, making the tokens more scarce and potentially driving up their value. And with Shiba Inu's massive supply, these significant burns can have a major impact on its market dynamics! 🌊 However, despite this incredible burn rate, SHIB's price has remained relatively low, reflecting the broader crypto market trends. It's currently trading at $0.00002176, with a modest 0.41% increase in the past 24 hours. But, trading volume has taken a hit, plummeting 56.62% to $340.81 million. 😔 From a technical perspective, SHIB looks mixed. Its Relative Strength Index (RSI) stands at 39.71, which means it's neither oversold nor overbought. The RSI is a momentum oscillator that measures the speed and change of price movements. 📈 On the bright side, SHIB's price remains above its 200-day Exponential Moving Average (EMA) and 200-day Simple Moving Average (SMA). These moving averages are widely watched indicators that help smooth out price action over a given period. Trading above these averages is typically seen as a bullish sign, suggesting that SHIB's long-term trend may still be positive despite recent price weakness. 🌈 What do you think? Is SHIB poised for a comeback? Let me know in the comments! 💬 #shiba⚡ #Shibalnu
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