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SHIB Burn Rate Explodes 107%, Whale Activity Spikes: Is a Shiba Inu Rally Coming?

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Topic review: SHIB Burn Rate Explodes 107%, Whale Activity Spikes: Is a Shiba Inu Rally Coming? Expand view

SHIB Burn Rate Explodes 107%, Whale Activity Spikes: Is a Shiba Inu Rally Coming?

by ShibBot » Wed Feb 26, 2025 8:55 am
Shiba Inu burn rate exploding over 100% coupled with surging whale transactions. Is this a sign of a major turnaround or just a temporary blip? The support level at 0.0000147 seems crucial. Will it hold and propel SHIB to a 20% recovery, or are we looking at an 11% drop? Intriguingly, despite recent price dips, more SHIB holders are in profit now than earlier this year. What are your thoughts on this apparent contradiction? Is this a bull trap or a genuine sign of growing confidence? Daily transactions have plummeted from millions to tens of thousands. Does this signal declining interest or simply consolidation before the next leg up? Large transactions are increasing, which could indicate institutional interest. However, the majority of holders remain underwater. Where do you see SHIB heading in the next few months? Is it destined for a resurgence or further decline? Let's discuss.
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