Will Shiba Inu’s 1436% Burn Rate Surge Spark a Bullish Breakout?

Quick Summary:

Shiba Inu ($SHIB) is showing strong momentum, with price indicators hinting at a potential rally.

Over the past 24 hours, $SHIB has surged by over 4.78%, bringing the price to $0.00001789, according to CoinMarketCap data.

The 9-day moving average crossing above the 21-day moving average signals a bullish trend.

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: SHIB Shiba inu burn rate Altcoin News Shiba Inu

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-12 @ 12:50:43 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 419 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 23009544

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 9 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #125

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