Crypto 390

Вчора 02:29

35M SHIB burned in 24 hours – Is Shiba Inu ready f

35M SHIB burned in 24 hours – Is Shiba Inu ready for a breakout?
SHIB gains momentum as burn spikes and buyers strengthen its breakout setup.

Shiba Inu’s [SHIB] ecosystem turns energetic after the burn rate jumps 1,822%, removing more than 35 million SHIB in 24 hours. 

The sharp reduction in circulating supply attracts traders who monitor periods where supply tightens while demand starts building. 

Moreover, the surging burns align with improving market participation, which strengthens expectations of short-term stability for SHIB. 

The supply drop creates natural pressure on sellers because reduced tokens increase the cost, pushing the price downward. 

However, the market waits to confirm if burn activity maintains its pace, since isolated spikes rarely shift long-term direction. 

The current surge, therefore, injects momentum into SHIB’s recovery narrative as price approaches a critical breakout region.

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