SHIB price surged 13% in one day, breaking through the top 20, and the era of profitability has arrived!
SHIB is experiencing an extraordinary leap, with multiple key indicators rising sharply today, especially its "destruction rate". According to Shibburn data, this indicator soared by more than 640% in just 24 hours to a staggering 5,555,360 SHIBs. This rapid growth trend undoubtedly highlights the strong bull market atmosphere in the Shiba Inu ecosystem.
Although the total amount of SHIB destroyed seems mild, its price performance is extremely strong, far exceeding market expectations. As of press time, SHIB prices have soared 13% in the past 24 hours, successfully surpassing many of the top 20 cryptocurrencies, showing amazing explosive power. Its price has jumped to $0.0000168, setting a new high in nearly a month, striding towards a milestone of profitability.
The spread of this optimistic sentiment is due to the latest developments of LucieSHIB, head of marketing for the Shiba Inu project, on the proposed stablecoin SHI. She revealed that the project team believes that now is the best time to launch this stablecoin. SHI will be anchored at $0.01, injecting new stability into the ecosystem. Although the specific implementation mechanism has yet to be announced, LucieSHIB has revealed many highlights of the SHI stablecoin in advance, including its potential role in the ecosystem, which undoubtedly brings more expectations to investors and community members.
As a key link in the Shib ecosystem, the upcoming launch of the SHI stablecoin not only heralds enhanced stability, but will also greatly enhance the practicality of Shibarium. For decentralized applications and various projects on Shibarium, SHI will become an important support on its growth path, providing the necessary liquidity guarantee.
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