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🔥🐕 Exciting news from the Shiba Inu community! 🔥🐕 In a whirlwind of activity, nearly 13.6 billion SHIB tokens have been burned in the past 24 hours alone! 📉💥 But that's not all – the SHIB team has set their sights on an even bigger burn goal: 10 trillion SHIB every month in 2024. 🌟💰 With a surge of over 22,445% in its 24-hour burn rate, Shiba Inu continues to make waves in the crypto world. 🌊💼 The recent burn of 13.4 billion SHIB, valued at $466K, underscores the team's commitment to reducing the token supply and driving value for holders. 💼💰 As the second-largest memecoin by market cap, SHIB remains at the forefront of the crypto conversation, captivating investors with its innovative approach and dedicated community. 🚀🌐 Keep an eye on Shiba Inu as it continues to burn its way towards new heights! 🔥🐕 #SHIBBurn #CryptoRevolution 🌟📉

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Shiba Inu (SHIB) Slides Below $0.00003, Has Meme Coin Bubble Burst? The digital currency ecosystem is on a major slide, with the combined market recording a liquidation of over $740 million. Shiba Inu has been on the receiving end of the bearish slump with the price down by 14.3%, sliding below the $0.00003 range to $0.00002793, per data from CoinMarketCap. Shiba Inu in distress. From Shiba Inu's historical trend, it takes the digital currency a longer time to add more valuation than it does to lose it. The meme coin struggled for months before it c leared a zero in its price to flip the $0.00001 price mark as support. The correction in SHIB after it slid from its year-to-date (YTD) high of $0.00004534 marks a major distress point for the meme coin in what appears as though the bubble has bursted. Breaching the $0.00003 support zone implies the bearish sentiment is building dominance in the short term, a trend that might trigger future slumps if not properly contained. A glimmer of hope in this ongoing correction remains the correlation of Shiba Inu with Bitcoin. Data from crypto analytics platform IntoTheBlock pegged Shiba Inu's correlation at 0.93, a figure that implies any important shift in trend in Bitcoin may trigger a corresponding surge in Shiba Inu. Banking on growth catalysts. Besides the general market momentum that might prove favorable when the Bitcoin tide changes direction, Shiba Inu also boasts trusted growth catalysts it can invoke moving forward. One of these showcased by Into TheBlock is the hodlers' balance, which has jumped by 0.145 to more than $19 billion in the past seven days. This metric shows that despite the price slump, many investors are still holding onto their bags, implying confidence in the meme coin. The rate of burning SHIB by sending it to smart contracts has also grown remarkably in recent times, underscoring the community's concerted efforts to shrink the supply to boost valuation in the long term. #Write2Earn‬ #Habz #HotTrends

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😡🔥👎 DON'T panic! Today, the market is bleeding, a term used when there are more red candles than green, or we have a heatmap like the one I'll attach below. However, there is hope... there always is! I want to make it clear that from today until Monday, you must be STRONG!!! VERY STRONG!!!! Panic, fear, FUD, and other negative concepts spread faster than good news. This is because the market is highly emotional, and mind you, I'm not only talking about the cryptocurrency market. All trading markets are the same. I know you've made purchases this week... DON'T panic! Unless you tell me you have a defined personal strategy and bought based on technical analysis and set stop losses (SL) on your trades... you may have already incurred real losses at these levels (if SLs were executed). That's trading! No one should be here to make quick money! Don't tell me you think you could make quick money without taking risks! The moment you bought, you accepted the risk of loss! Here's a suggestion, dare to accept and embrace knowledge. Lose your fear of charts, statistics, and trade history. They are all your friends. You must embrace them; in this trading world of financial markets, you must embrace this knowledge and use it to your advantage. Create your own personal strategy. I don't want to beat around the bush. Study and put what you've studied into practice, even without having to buy any assets you can study technical analysis! We'll be reading each other! Ask me questions in the comments... I'll be delighted to respond whenever I can. #HotTrends #Habz #BTC

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