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$SHIB The Shiba Inu ecosystem has initiated another hefty team
burn, incinerating over 13,400,000,000 (13.4 billion) SHIB BONE, and tokens, 19,561 (19.5K) 28.75 LEASH tokens in four transactions. The tokens were burned in two transactions, each consisting of 9.64 billion and 3.81 billion SHIB tokens, respectively. Interestingly, the burn occurred hours after Shiba Inu marketing lead Lucie disclosed that 40 ETH would be used to initiate a massive SHIB burn. However, it turned out that the Shiba Inu ecosystemn team later burned more SHIB tokens than expected. Commenting on the development, Lucie revealed that $340,000 worth of SHIB, equivalent to 80 ETH, was destroyed in the end.
Meme cryptocurrencies, especially dog-themed coins, are yet again outperforming other segments of the altcoin scene. Floki (FLOKI), a key rival of Dogecoin (DOGE) and Shiba Inu (SHIB), leads the rally for meme coins. Floki (FLOKI) almost hits new ATH amid impressive rally Today, March 9, 2024, large-cap meme cryptocurrency Floki (FLOKI) set a local high above $0.00027 on spot centralized exchanges. This is the highest FLOKI price level since Nov. 10, 2021.
The post Chatgpt Predicts 10x Rally For SHIB, DOGE, PEPE and WIF Price appeared first on Coinpedia Fintech News
Bitcoin (BTC) continues to lead the cryptocurrency charge, recently nearing an unprecedented all-time high above $70,000. This rally, fueled by the launch of spot bitcoin ETFs and impressive gains since the year’s outset, underscores the digital currency’s dominant market position.
Yet, the broader crypto landscape is stirring with anticipation of an “altcoin season,” a phase when Bitcoin’s lesser-known counterparts embark on significant rallies. This shift often occurs in the wake of Bitcoin’s success, signaling a wider acceptance and speculative interest in the vast array of cryptocurrencies beyond the market leader.
Dogecoin (DOGE) and Shiba Inu (SHIB), particularly, have demonstrated their market prowess with notable surges in value. In “ChatGPT’s 10x Growth Outlook for SHIB, DOGE, PEPE, and WIF,” we explore the intriguing potential of these altcoins to achieve exponential growth.
Shiba Inu
Shiba Inu, another community-driven cryptocurrency, is currently trading at $0.00003541, marking a 6.33% gain in the past day and notable moves over the last month, with a 30-day jump of 282.75%.
Sitting at #10 by market cap, SHIB has a slightly lower market valuation compared to DOGE but enjoys a higher trading volume, indicating a very active market for the coin. Although SHIB is 59.69% below its all-time high, the coin has experienced an astronomical rise from its all-time low, indicative of the significant speculative interest it has garnered.
According to ChatGPT, Shiba Inu’s potential 10x growth is predicated on its recent aggressive market movements and the expansion of its ecosystem, including the ShibaSwap platform and potential new tokenomics that may reduce supply. ChatGPT highlights the coin’s substantial rise over the last 30 days and its high trading volume as indicators of strong investor interest and market liquidity.