The meme cryptocurrency SHIB, which is centered around dog-themed content, has seen a significant increase in investor optimism at the end of 2024. Market data shows a 250% increase in the burning of SHIB tokens, which is seen as a positive sign for the coin's future. This has led many market participants to expect substantial gains in the value of SHIB, with some predicting a breakout in the near future.
- Content Editor ( coingape.com )
- 2024-12-31
Shiba Inu Burn Rate Soars 250% Signaling SHIB Price Breakout Ahead?