$SHIB
🔥SHIB surged more than 10%
⚡️A two-month high on September 26!
💥Close to $0.0000195!
SHIB's performance on September 26 was particularly eye-catching, with prices rising by more than 10%.
The current trading price is close to its highest point in two months.
The market value also soared to $11.4 billion, a new high since the end of July.
According to IntoTheBlock data.
About 50.3% of SHIB holders are in profit.
43% of holders are in a loss.
Nearly 80% of holders joined more than a year ago.
19% joined in the past 12 months.
Only 2% joined in the past 30 days.
SHIB's recovery echoes the overall recovery of the entire meme coin market.
The market value is approaching $50 billion, which is the reason for the rise in Shib prices this time.
It may be because Shib has made great progress in the layer 2 scaling solution.
More than 7 million blocks have been processed on the network.
SHIB daily destruction rate soared 640%
About 5.5 million tokens were sent to the black hole address.
The mechanism is designed to reduce the circulation and trigger price increases through scarcity.
Over the past few years, more than 410 trillion meme coins have been destroyed.
The remaining 583.5 trillion are still in circulation.
Some analysts believe that SHIB prices may rise sharply.
For example, X user JAVON MARKS predicts that the token may soar to $0.000081.
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