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ShibaInu #SHIB is everything in my mind.
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đ¶đ„Next Top 2 Meme Coins with big breakout potentialđđ Bonk (BONK): Riding the Path of Recent Gains Bonk ($BONK ) has seen a notable surge of 18.77% over the past week, with the token now trading at $0.00002126. This recent uptrend follows a period of volatility, where BONKâs price dipped to $0.00001672. Analysts are optimistic about the coinâs future, citing its breakout from the first wave of the Elliott wave cycle. The third wave, often marked by the strongest upward momentum, could push BONK towards $0.000027. The increase in trading volume, up 17.7% to $225 million, signals growing investor interest. With the market capitalization rising to $1.48 billion, BONK appears poised for further gains. Analysts predict that BONK could make significant strides, potentially revisiting previous highs and surpassing them. This potential makes BONK a strong candidate for those looking to capitalize on meme coin trends. Shiba Inu (#SHIB ): Accumulation Phase with Bullish Potential Shiba Inu ($SHIB ) has recently gained traction, with its price climbing to $0.00001426. This represents a 5.9% increase over the last 24 hours and a 14% rise over the past week. Despite this, SHIB remains in what analysts describe as an accumulation phase, marked by low volatility. The current trading volume has surged by 76% to $307 million, indicating a strong buildup. Analysts employing the Wyckoff Method have noted that SHIB is experiencing a similar accumulation phase to the one observed in late 2023. This previous phase led to a 330% price increase in early 2024. The current analysis suggests SHIB could follow a similar trajectory, potentially reaching $0.00005. With the asset showing signs of a bullish trend, SHIB could be a valuable addition to any meme coin portfolio.
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Shiba Inu Burn Rate Skyrockets 13,900% As SHIB Price Eyes Rebound Coinspeaker Shiba Inu Burn Rate Skyrockets 13,900% as SHIB Price Eyes Rebound Shiba Inu (SHIB) has seen a huge spike in its burn rate, suggesting a possible price rebound. According to the Shibburn tracker, the platform that monitors the rate and amount of SHIB burnt, the burn rate has spiked by more than 13,900% in the last 24 hours. As a result, 96,634,993 SHIB tokens have been sent to dead wallets. This notably aligns with the communityâs effort to reduce the tokenâs circulating supply. New Burn Mechanism Facilitate SHIB Burn This massive burn rate surge coincides with an increase in the price of SHIB earlier this week. After this short-paced uptick, the tokenâs price has fluctuated. At the time of this writing, SHIB traded at $0.000014, corresponding with a 1.09% dip, per CoinMarketCap data. The burn rate has reignited new hopes for a potential price rebound. From the circulating supply of about 583 trillion SHIB, the project has successfully destroyed over 410 trillion tokens. $SHIB #ShibaInu #TON #BNBChainMemecoins #DOGSONBINANCE
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Shiba Inu Coin History and Possible to Touch 1$
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Shiba is dead đđ„$SHIB coin, also known as SHIB, has been experiencing a decline in value and interest in recent times, leading many to believe that the cryptocurrency is dying. There are several reasons for this downturn in the Shiba coin market. One of the main factors contributing to the decline of Shiba coin is the oversaturation of the meme coin market. With the rise of meme coins such as Dogecoin and SafeMoon, Shiba coin has struggled to stand out and maintain its relevance in a crowded market. This has led to a decrease in demand for Shiba coin, causing its value to plummet. Additionally, Shiba coin has faced criticism for its lack of utility and practical use cases. Unlike other cryptocurrencies that have real-world applications and partnerships with established companies, Shiba coin is primarily viewed as a speculative investment with little long-term potential. This lack of utility has deterred investors from holding onto Shiba coin, further contributing to its decline. Furthermore, the recent cryptocurrency market crash has also affected Shiba coin, causing its value to fluctuate wildly and erode investor confidence. As the overall market sentiment remains bearish, many investors are looking to cut their losses and divest from risky assets like Shiba coin. In conclusion, the combination of oversaturation in the meme coin market, lack of utility, and the recent market crash has resulted in Shiba coin losing its appeal and struggling to maintain its relevance. Unless significant changes are made to improve its value proposition and market positioning, Shiba coin may continue to decline and eventually fade into obscurity. #TON #DOGSONBINANCE #BNBChainMemecoins #CryptoMarketMoves $SHIB
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