'Dogecoin Killer' Shiba Inu Burns 11 Million Coins In A Single Day: A Breakout 'May Spark The Next Wave Of An Over 480% Run,' Trader Says
Portfolio Pulse from Khyathi Dalal
Shiba Inu (SHIB) has seen a 10% increase over the past week, with traders optimistic about a continued rally. The coin's burn rate has spiked, and a major upgrade to Shibarium is expected to enhance its performance. Traders are eyeing a potential breakout that could lead to significant gains.
September 13, 2024 | 7:08 pm
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Shiba Inu (SHIB) is experiencing a positive trend with a 10% increase over the past week. The coin's burn rate has increased significantly, and a major upgrade to Shibarium is expected to improve its performance, potentially leading to a breakout and substantial gains.
The article highlights a significant increase in Shiba Inu's price and burn rate, along with an upcoming major upgrade to Shibarium. These factors are likely to positively impact SHIB's price in the short term, as traders are optimistic about a potential breakout.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100