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Shiba Inu Burn Rate Jumps 99,000%—Can This Lift SHIB Off Its Four-Month Bottom?

  • Shiba Inu's burn rate has surged to 99,000% and analysts predict a potential uptrend for SHIB in the short term.
  • Despite a recent decline, SHIB is trading at $0.00001175 with analysts anticipating a rebound in the near future.
  • Analysts suggest SHIB could reach $0.000031 in the short term if it breaks above $0.000018, indicating a possible 180% surge according to Javon Marks.
  • Factors like burn rate increase, utility, partnerships, and potential ETF filings could play key roles in propelling SHIB towards the $0.01 mark in the long term.

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