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Will Shiba Inu Price Hit $1 If BTC Hits $100K?

CoinGape
Summary
Nutrition label

68% Informative

Shiba Inu (SHIB) price is gaining momentum, fueled by Bitcoin ’s potential surge to $ 100,000 .

The meme coin's burn rate has increased, with over 1 billion tokens burned in the last 24 hours , marking a 297% rise.

Over the past week , the burn rate spiked by an astounding 5,299% , signaling a shrinking supply that could drive prices higher.

Achieving this milestone hinges on sustained market enthusiasm, ecosystem expansion, and favorable conditions.

VR Score

51

Informative language

39

Neutral language

52

Article tone

formal

Language

English

Language complexity

42

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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