🚨 Important Announcement for Shiba Inu (SHIB) Holders! 🚨

Big news for $SHIB fans! A brand-new SHIB burn contract is set to launch as part of the highly anticipated Shibarium mainnet upgrade.

This upgrade brings significant updates, including enhancements to the Heimdall and Bor hard forks, making Shibarium fully compatible with Ethereum’s latest Dencun fork. The new burn contract, scheduled for block 8200512, will play a crucial role in reducing SHIB’s total supply, adding potential long-term value for investors.

Key Highlights:

• New Burn Contract: Focused on reducing token supply, driving scarcity.

• Mainnet Compatibility: Updates ensure seamless integration with Ethereum advancements.

• Market Performance: SHIB has gained 19.01% over the past week, trading at $0.00002891 (+15.17% today).

Market Insights:

While SHIB’s recent rally has been impressive, its Relative Strength Index (RSI) has cooled from overbought levels, hinting at a possible short-term correction. Additionally, whale addresses holding over 1 billion SHIB have decreased by 155 addresses in the past month, reflecting a shift in large holders.

What’s Next?

With the new burn contract and Shibarium upgrades, SHIB is entering an exciting phase of development. However, traders should monitor market trends closely and prepare for potential corrections. This could be a pivotal moment for SHIB’s growth in the long term!

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