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#SHİBA Inu investors saw a substantial $373 million gain as the meme currency surged by 55% weekly, reaching a year-to-date high of $0.00004567. Despite profit-taking totaling $372.93 million on March 5, SHIB held above the psychological support level of $0.000030 push to launch in the BONE ecosystem token on Binance likely contributed to the price boost.
🟢 Amidst the broader rise of meme currencies, AI, and metaverse tokens following Bitcoin and Ethereum's uptrend in 2024, SHIB's resilience suggests potential for further gains. Despite a significant dip that led to a loss of $882.83 million on March 3, Shiba Inu rebounded to its 2024 high. The recent burning of 13 billion
#SHIB tokens worth $463,000 on March 9 and a 55% weekly gain indicate positive momentum. With a 1% drop in exchange supply since March, reducing selling pressure, SHIB's price recovery in the coming weeks appears plausible.
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