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SHIB Burn Skyrockets 3400%, Shiba Inu Rally To Continue?

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Summary
Nutrition label

63% Informative

The meme coin's supply continues to take a blow, as indicated by a nearly 3,400% upsurge in the burn rate on Tuesday .

The meme token’s weekly burn rate witnessed a 1,987% uptick as 4.23 billion tokens were destroyed in the last seven days .

At the time of reporting, SHIB price gained nearly 1% in the past 24 hours and is currently trading at $ 0.00002907 .

A recent Shiba Inu price analysis by CoinGape Media indicated that the mene coin's price is likely to double shortly ahead.

VR Score

40

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26

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42

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formal

Language

English

Language complexity

46

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not hateful

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Time-value

short-lived

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