🔥 Latest news about Shiba Inu (SHIB) 🔥

- The SHIB burn rate surged by 252,900% in the past 24 hours, with over 5.6 billion tokens burned, equivalent to about $100,000. This reduces the circulating supply, which could drive the price of SHIB higher if demand does not decrease.

- Shibarium, Shiba Inu's Layer 2 scaling solution, recorded nearly 4 million transactions on October 31, an increase of 130% compared to the previous day. This recovery indicates strong network participation, which could positively impact the price of SHIB.

- Analyst Clifton Fx predicts that SHIB could increase by nearly 90% if it surpasses the $0.00001884 level, based on a "bullish flag" pattern. 🚀

Currently, SHIB is trading around $0.0000173.