Shiba Inu: Can SHIB Reach $0.05 in 2024? || IN TELUGU #youtubeshorts #bitcoin #binance #shibainu
3 months ago
Shiba Inu
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#youtubeshorts #bitcoin #binance #shibainu
Following the rather volatile start to 2024 the meme coin has faced, Shiba Inu (SHIB) has seen its burn rate surge 2274% at the end of the new year?s first week. Moreover, the asset is set to face a key support level, as its price is just below the $0.00001 mark. The burn activity could become a catalyst for positive price movement.
Shiba Inu took to X (formerly Twitter) to share its strategy for the new year. Specifically, it stated its goal to ?Make Shibarium great.? That message was shared as the layer-2 network has surpassed a host of milestones over the last week. Altogether, it could be the boost that the token needs to reverse its recent declines.
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