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December 13, 2024

Shiba Inu (SHIB) Soars 8%: 69% of Holders Now in Profit With Hopes for $0.00003

Shiba Inu (SHIB) has surged by 8%, recently hitting $0.000029. This increase has led to 69% of SHIB holders now in profit. Despite this gain, the token displays mixed on-chain metrics, and the burn rate has decreased. However, technical analysis indicates potential for further upward movement, setting sights on a target of $0.000081. Traders remain cautiously optimistic as SHIB exhibits signs of strength, with varied trading activity in the market. Current sentiment suggests that Shiba Inu could capitalize on upward momentum, heralding good news for its community of holders.

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