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CoinGape

Shiba Inu Price Finds Support At Key Level: Will SHIB Rebound?

CoinGape
Summary
Nutrition label

66% Informative

Shiba Inu price has fallen and found support at the 50-day moving average.

Burn rate jumped by 4,766% on December 18 , according to data by ShibBurn .

Number of daily active addresses is stable, indicating that there has been no panic selling by investors.

Shibbit is set to benefit as the number of tokens being incinerated rise.

VR Score

45

Informative language

32

Neutral language

44

Article tone

formal

Language

English

Language complexity

34

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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