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$SHIB The Shiba Inu ecosystem has initiated another hefty team
burn, incinerating over 13,400,000,000 (13.4 billion) SHIB BONE, and tokens, 19,561 (19.5K) 28.75 LEASH tokens in four transactions. The tokens were burned in two transactions, each consisting of 9.64 billion and 3.81 billion SHIB tokens, respectively. Interestingly, the burn occurred hours after Shiba Inu marketing lead Lucie disclosed that 40 ETH would be used to initiate a massive SHIB burn. However, it turned out that the Shiba Inu ecosystemn team later burned more SHIB tokens than expected. Commenting on the development, Lucie revealed that $340,000 worth of SHIB, equivalent to 80 ETH, was destroyed in the end.
Meme cryptocurrencies, especially dog-themed coins, are yet again outperforming other segments of the altcoin scene. Floki (FLOKI), a key rival of Dogecoin (DOGE) and Shiba Inu (SHIB), leads the rally for meme coins. Floki (FLOKI) almost hits new ATH amid impressive rally Today, March 9, 2024, large-cap meme cryptocurrency Floki (FLOKI) set a local high above $0.00027 on spot centralized exchanges. This is the highest FLOKI price level since Nov. 10, 2021.
$FLOKI is officially a top 50 cryptocurrency!This is an incredible accomplishment that draws us closer to our goal of becoming the world's most known and most used cryptocurrency.Highlights of the last 24 hours for #Floki:- $2.7 billion 24-hour trading volume.- TVL ATH of⊠https://t.co/uNiTC4Jcrq pic.twitter.com/XV66XNQKwo â FLOKI (@RealFlokiInu)March 9, 2024
The coin briefly entered the top 50 cryptocurrencies by market capitalization. In the last month, Floki (FLOKI) registered an almost 9x rally amid the market upsurge. Also, the FLOKI ecosystem witnessed an all-time high TVL above $693 million in equivalent. The aggregated trading volume exceeded $2.7 billion in the last 24 hours. In terms of social sentiment, FLOKI jumped into the top rankings of many cryptocurrency data aggregators. The rally should likely be attributed to the general optimism on altcoin markets and the major listing announcement for the FLOKI/USDT pair. Meme coin segment capitalization blasts past $61.5 billion
The post Chatgpt Predicts 10x Rally For SHIB, DOGE, PEPE and WIF Price appeared first on Coinpedia Fintech News
Bitcoin (BTC) continues to lead the cryptocurrency charge, recently nearing an unprecedented all-time high above $70,000. This rally, fueled by the launch of spot bitcoin ETFs and impressive gains since the yearâs outset, underscores the digital currencyâs dominant market position.
Yet, the broader crypto landscape is stirring with anticipation of an âaltcoin season,â a phase when Bitcoinâs lesser-known counterparts embark on significant rallies. This shift often occurs in the wake of Bitcoinâs success, signaling a wider acceptance and speculative interest in the vast array of cryptocurrencies beyond the market leader.
Dogecoin (DOGE) and Shiba Inu (SHIB), particularly, have demonstrated their market prowess with notable surges in value. In âChatGPTâs 10x Growth Outlook for SHIB, DOGE, PEPE, and WIF,â we explore the intriguing potential of these altcoins to achieve exponential growth.
Shiba Inu
Shiba Inu, another community-driven cryptocurrency, is currently trading at $0.00003541, marking a 6.33% gain in the past day and notable moves over the last month, with a 30-day jump of 282.75%.Â
Sitting at #10 by market cap, SHIB has a slightly lower market valuation compared to DOGE but enjoys a higher trading volume, indicating a very active market for the coin. Although SHIB is 59.69% below its all-time high, the coin has experienced an astronomical rise from its all-time low, indicative of the significant speculative interest it has garnered.Â
According to ChatGPT, Shiba Inuâs potential 10x growth is predicated on its recent aggressive market movements and the expansion of its ecosystem, including the ShibaSwap platform and potential new tokenomics that may reduce supply. ChatGPT highlights the coinâs substantial rise over the last 30 days and its high trading volume as indicators of strong investor interest and market liquidity.