The official Shiba Inu crew despatched a message to the neighborhood by way of X, highlighting the significance of memes and their utility. The market stays underneath robust concern, with the Worry and Greed Index at 12/100 and really restricted liquidity in altcoins.
SHIB hit lows of $0.0000071 final Friday, ranges not seen since October 2023, and has barely recovered to $0.000007998 (+0.94% in 24 hours). Token burns rose 1,087% up to now 24 hours, eradicating 15,970,661 tokens, whereas transactions on Shibarium elevated 114% over the past 5 days, from 1,850 to three,960.
The SHIB value climbed from $0.00000756 to an intraday excessive of $0.00000814. Bitcoin’s efficiency will likely be key to driving a broader rebound, particularly if it surpasses $90,000. In December, Coinbase will launch SHIB perpetual futures within the U.S. on December 12 and allow 24/7 buying and selling for all altcoin month-to-month futures beginning December 5.
Supply: https://x.com/Shibtoken/status/1992953396975079710
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