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3 Reasons a Shiba Inu (SHIB) Rally May Be Closer Than You Think

  • Shiba Inu (SHIB) may be struggling now, but key indicators point to a potential comeback rally ahead.
  • SHIB's burn rate has exploded by almost 2,000% in the last 24 hours, reducing the circulating supply of tokens and potentially increasing its value.
  • The advancement of Shibarium, a layer-2 blockchain solution, and the increased user activity within the ecosystem could ignite fresh momentum for the price of SHIB.
  • SHIB's exchange netflow shows that holders are moving tokens off centralized platforms and into self-custody, reducing immediate selling pressure and indicating bullish sentiment.

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