CandleFocus Shiba Inu (SHIB) in Rebound Mode, But There's a Twist
2024-12-12
Author: Content Editor
The crypto industry is experiencing positive growth with the combined market cap increasing by 5.06% to $3.62 trillion. Shiba Inu (SHIB), the second-largest meme coin, has seen a 7.05% increase in the last 24 hours, trading at $0.00002926. However, there is a twist in SHIB's growth trajectory as the burn rate has dropped, indicating a decrease in community optimism. Despite recent sell-offs, SHIB is recovering and the gradual return of SHIB whales is boosting overall market demand. The community remains hopeful with positive ecosystem updates and communication from Shytoshi Kusama. SHIB aims to achieve price surge with its usable products and staking adoption.
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