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Can Shiba Inu Price Rally To $0.000028 as Burn Rate Soars 276K% in One Day?

Summary by The Market Periodical
Key Insights: The SHIB burn rate also increased by 276,545% in 24h, and more than 116M tokens were burned. Shib Alpha Layer will allow creating custom rollups and accelerate Shibarium infrastructure. Shiba Inu price target $0.00002828 provided SHIB breaks the main Fibonacci and trendline resistance. After a surge in token burns and a resumption of infrastructure development, Shiba Inu price is consolidating above a critical support area. As lon…
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The Market Periodical broke the news in on Friday, June 13, 2025.
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