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Shiba Inu Burn Rate Soars 6200%, SHIB Price To $1 Possible?

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Summary
Nutrition label

70% Informative

Shiba Inu burn rate soars 6200% sparking investor optimism amid a bull market.

As the meme coin's supply takes a hit, price trajectory turns bullish, with investors speculating if a $ 1 price target is possible.

Simultaneously, SHIB price soared remarkably intraday , sparking further market optimism on future action.

The meme token witnessed 135 million SHIB taken out of its supply over the past week .

VR Score

58

Informative language

52

Neutral language

12

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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