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Shiba Inu Sees 3B Token Burn This Week, What's Next For SHIB?

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Summary
Nutrition label

60% Informative

meme crypto Shiba Inu has again sparked bullish sentiments among traders and investors globally with its token burn saga.

On Saturday , the weekly burn data showed that nearly 3 billion coins were taken from the circulating supply.

Market sentiments surrounding the meme coin have turned highly bullish, with traders eyeing an ATH shortly ahead.

As a result of these burning chronicles, the total supply took a hit, reaching 589.25 trillion SHIB to date.

VR Score

36

Informative language

22

Neutral language

14

Article tone

formal

Language

English

Language complexity

45

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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