Breaking news! Breaking news! Dogecoin is making waves again!
After Trump and Musk voiced their support for cryptocurrencies, Bitcoin soared, and #DOGE experienced another surge after Musk established an efficiency department named @DOGE. Musk stated that Dogecoin can be used for payments on the X platform, which triggered another round of increase.
Dogecoin's rival #shib made big moves yesterday, with SHIB burn soaring by 7400%, and Shiba Inu is nearing the $0.0004 mark!
SHIB has seen an unprecedented wave of destruction in the past week, with the burn rate skyrocketing by 7400%, nearly 2 billion tokens permanently removed from circulation. This major action has sparked significant attention in the market for Shiba Inu, especially with the price nearing the expected breakthrough of $0.0004, investor sentiment has once again surged.
The burn mechanism has exploded, and SHIB's supply has been greatly reduced. According to Shibburn data, on November 30, SHIB's weekly burn increased by 7400%, with nearly 2 billion tokens completely destroyed, reducing the market supply of Shiba Inu to 589.26 trillion tokens. Such large-scale destruction undoubtedly provides strong upward momentum for SHIB's price, especially under the influence of supply and demand principles, the price is expected to gradually rise.
Musk's concept meme project #Marvin (7055) is named after Musk's pet Marvin, who has been by his side for ten years, and is currently the only dog not listed on Binance. With a low market cap and great potential, it is worth paying attention to!
