🔥 SHIB Army, Pay Attention! 🔥

$SHIB is seeing a massive burn rate spike – a whopping 1,983.45% increase in the last week alone! Over 46.2 million tokens have been sent to dead wallets, steadily decreasing the total supply to 589,246,045,731,990 SHIB.

Currently, $SHIB is testing the $0.000007 support level after a five-day drop. A successful hold here could propel it towards $0.00000765 and potentially $0.000008. Market sentiment is cautious with broader crypto trading in the red, and the overall market cap dipping below $3 trillion. Economic data showing strong U.S. growth is adding another layer of complexity, potentially influencing the Federal Reserve’s future decisions on interest rates. 📉

#ShibaInu #SHIBBurn #CryptoNews #Altcoins 🚀

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