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Analyst Forecasts 500% Rally For Shiba Inu Price But SHIB Burn Rate, Shibarium TVL Pose Risks

CoinGape LogoCoinGape14h ago

Analyst Forecasts 500% Rally For Shiba Inu Price But SHIB Burn Rate, Shibarium TVL Pose Risks - CoinGape

Quick Summary:

Shiba Inu price faces bearish pressure despite the broader crypto market recording a relief rally over the weekend.

Shiba Inu price is facing bearish pressure despite optimism from analysts that it could rally by 500%.

In his analysis, Crypto Elites stated that a breakout could potentially stir a 12x rally for Shiba Inu price to resistance at $0.000183.

More Pictures

Analyst Forecasts 500% Rally For Shiba Inu Price But SHIB Burn Rate, Shibarium TVL Pose Risks - CoinGape (Picture 1)Analyst Forecasts 500% Rally For Shiba Inu Price But SHIB Burn Rate, Shibarium TVL Pose Risks - CoinGape (Picture 2)Analyst Forecasts 500% Rally For Shiba Inu Price But SHIB Burn Rate, Shibarium TVL Pose Risks - CoinGape (Picture 3)Analyst Forecasts 500% Rally For Shiba Inu Price But SHIB Burn Rate, Shibarium TVL Pose Risks - CoinGape (Picture 4)Analyst Forecasts 500% Rally For Shiba Inu Price But SHIB Burn Rate, Shibarium TVL Pose Risks - CoinGape (Picture 5)

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Article Details

Author / Journalist: muthoni

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-03 @ 14:54:37 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 578 words

Reading Time: 4 minutes read

Sentences: 43 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26628371

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 37 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

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The story "Analyst Forecasts 500% Rally For Shiba Inu Price But SHIB Burn Rate, Shibarium TVL Pose Risks" was covered 14 hours ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 37 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26628371
  • URL: https://beamstart.com/news/analyst-forecasts-500-rally-for-17410140183710

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