'Dogecoin Killer' Shiba Inu Up 39% Over The Past 30 Days But That 'Will Accelerate,' Says Bullish Trader
Portfolio Pulse from Khyathi Dalal
Shiba Inu (SHIB) has seen a 39% price increase over the past 30 days, driven by a 544.6% rise in burn rates and positive community developments. Traders are optimistic about further gains, with technical patterns suggesting potential upside.
October 07, 2024 | 1:15 pm
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Shiba Inu (SHIB) has experienced a significant price increase of 39% over the past month, supported by a substantial rise in burn rates and positive technical indicators. Traders are optimistic about further price acceleration.
The article highlights a 39% increase in SHIB's price over the past month, driven by a 544.6% increase in burn rates and positive technical patterns. Traders are optimistic about further gains, indicating a likely positive short-term impact on SHIB's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100