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mudassir Humayun

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Will Shiba Inu Price Break Records If BTC Hits the $100k Mark? Shiba Inu price outlook improves as BTC nears $100k. SHIB benefits from strong community, rising burn rates, and ecosystem growth Highlights Shiba Inu’s burn rate surged over 200%, reducing token supply. Whale transactions signal growing institutional interest in Shiba Inu price. Analysts target $0.000037 for SHIB, supported by bullish chart patterns. Shiba Inu (SHIB) price has experienced a significant surge this November, riding the wave of a bullish cryptocurrency market trend. The meme coin has demonstrated robust upward momentum, signaling strong potential for continued growth heading into 2024. Investor sentiment remains optimistic, with market trends highlighting key opportunities for SHIB’s expanding role within the cryptocurrency ecosystem. Analysts speculate that a Bitcoin (BTC) rally to $100,000 could further propel SHIB’s value, underscoring its evolving prominence in the digital asset landscape. If BTC Hits $100k, How High Can Shiba Inu Go? Bitcoin reached an all-time high of $98,367, driven by speculation about potential cryptocurrency oversight by President-elect Donald Trump’s administration. Surging over 5% in a single day, BTC has more than doubled its value this year, with the broader crypto market experiencing substantial growth. As Bitcoin approaches the $100,000 milestone, its upward momentum sparks renewed interest in meme coins, particularly Shiba Inu. Over the past 24 hours, the SHIB price has increased by 6%, currently valued at $0.00002471. The price chart highlights a steady rise in market activity throughout the day, reflecting growing investor interest. The lowest recorded price during this period was $0.00002311, while the peak reached $0.00002537. Shiba Inu’s price could grow significantly if Bitcoin reaches $100k, driven by its strong community, increasing burn rates, and ecosystem developments like Shibarium. Analysts forecast potential rallies, with SHIB targeting $0.000037, highlighting its promising upward trajectory.

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What is the market cap of Shiba Inu? The current market cap of Shiba Inu is $14.66B. A high market capitalization implies that the asset is highly valued by the market. What is the current trading activity of Shiba Inu? Currently, 74.36T of SHIB were traded within 24 hours of time. In other words, $1.85B have changed hands within the past 24 hours through trading. That's a change of 1.19%. What is the current price of Shiba Inu? The price of 1 Shiba Inu currently costs $0.00002. How many Shiba Inu are there? The current circulating supply of Shiba Inu is 589.26T. This is the total amount of SHIB that is available. What is the relative popularity of Shiba Inu? Shiba Inu (SHIB) currently ranks 13 among all known cryptocurrency assets. The popularity is based on relative market cap

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How many Shiba Inu coins are burned? 410,737,816,463,240 SHIB The total amount burned has reached an extraordinary 410,737,816,463,240 SHIB, lowering the circulating supply to around 583 trillion tokens. The strategy behind the burns is clear: reducing the number of tokens in circulation increases scarcity, and higher scarcity may drive up demand, ultimately raising the price.3

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