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SHIB Burn Rate Shoots Up 1000%, Shiba Inu Coin To Double Soon?

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Summary
Nutrition label

67% Informative

Shiba Inu coin has once again nabbed investor attention amidst a roaring Q4 bull market, primarily with a remarkable surge in the SHIB burn rate.

On Tuesday , burn data mirrored a whooping 1000% surge, indicating that the crypto’s supply took a massive hit.

Despite a major drop, SHIB price remains optimistically eyed by market watchers.

Market participants eye significant gains in the dog-themed meme token ahead.

VR Score

51

Informative language

41

Neutral language

27

Article tone

formal

Language

English

Language complexity

49

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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