'Dogecoin Killer' Shiba Inu's Burn Rate Skyrockets 8,596%: 'Something Special' Is Cooking, Says Marketing Lead
Portfolio Pulse from Khyathi Dalal
Shiba Inu (SHIB) reports an 8,596% increase in its burn rate, with over 17 million SHIB burned in the past 20 hours. Marketing lead Lucie hints at a significant upcoming development. Lead developer Shytoshi Kusama's visit to Japan aims to foster new partnerships. Kronos Advanced Technologies becomes the first public company to accept SHIB payments, offering a 10% discount for SHIB transactions.
July 03, 2024 | 12:23 pm
News sentiment analysis
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POSITIVE IMPACT
Kronos Advanced Technologies becomes the first public company to accept Shiba Inu (SHIB) payments, offering a 10% discount for SHIB transactions. This move could attract SHIB holders and increase sales.
By accepting SHIB payments and offering a discount, Kronos Advanced Technologies could attract a new customer base, potentially boosting sales and revenue.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Shiba Inu's burn rate has surged by 8,596%, and significant developments are hinted at by the marketing lead. Lead developer's visit to Japan could lead to new partnerships. Kronos Advanced Technologies now accepts SHIB payments, potentially increasing its utility.
The massive increase in burn rate and hints of significant upcoming developments are likely to generate positive sentiment among investors. The acceptance of SHIB by Kronos Advanced Technologies adds to its utility, potentially driving demand.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100