Price records revival on SHIB as burn rate goes parabolic
The Shibarium beta launch will finally help showcase how versatile SHIB is and how users can find additional use cases for the tokens within the ecosystem.Shiba Inu has been trading down for the better part of the past week, where it hasto $0.00001095 and is down by 8.44% within the time frame. However, the growing transaction rates on the network have fueled a mild turnaround in the token's price.
At the time of writing, the token is now up by 2.31% over the past 24 hours. While it has not been proven that the burn rate directly impacts the price growth in SHIB, it is a metric that buyers can lean on to gain confidence in acquiring the token.
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