Shiba Inu

<ul><li>SHIB burn rate surges, 191M tokens removed in a week, boosting interest among crypto enthusiasts.</li><li>Analyst Crypto Jobs sees SHIB in a neutral zone, with key support at $0.0001700 and resistance at $0.0002100.</li><li>SHIB price at $0.0000173, down 0.53% in 24 hours, and 9.10% over the past week amid market fluctuations.</li></ul>The SHIB token burn rate has reached notable levels in a remarkable display of activity. Data from Shibburn <a href="https://x.com/shibburn/status/1816050741762465913" rel="noopener noreferrer nofollow">indicates</a> that 57,468,719 SHIB tokens were burned in the last 24 hours, a slight decrease of 4.82%.Over the past week, however, the burn rate has surged by 142.79%. A total of 191,594,996 <a href="https://cryptotale.org/shiba-inus-shiba-eternity-set-to-transform-shib-ecosystem-and-shibarium/" rel="noopener noreferrer nofollow">SHIB tokens</a> were permanently removed from circulation. This significant reduction in supply is stirring considerable interest among crypto enthusiasts and analysts.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfcNX7FrGm3UiuEKULzl1eUIohFmO4fy2lhubVyqh2tOo7DZoFI3xzzWid6s7L0K19S96qdEiXy7HQKvIMABXDU3cdrAMU_1sLDZrGramHCQR-8TueN7aV5faXSXxe6HrzVzSYYYyJGvZ2ZH2_oJ52AHh7Y?key&#61;gqXrpsVmEGx0rt2ujhncNg" />Renowned crypto analyst <a href="https://twitter.com/CryptoJobs3/status/1815764581446517050?t&#61;elOSPTjqJGUVCcuUrJtzHA&amp;s&#61;19" rel="noopener noreferrer nofollow">Crypto Jobs</a> has recently provided insights into SHIB’s current and future trajectory. In a recent X post, the analyst highlighted that SHIB is currently navigating a neutral zone. The weekly and daily price range fluctuates between $0.0001850 and $0.0001640. The analyst identifies the local support level at $0.0001700 and a drop below this threshold could see the price decline further towards $0.0001500.<a href="https://cryptotale.org/shib-burn-rate-surges-analyst-predicts-future-price-movements/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

SHIB Burn Rate Surges: Analyst Predicts Future Price Movements

CryptoTale

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