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CoinGape

Shiba Inu burn rate soars nearly 100% as millions of coins are destroyed

CoinGape
Summary
Nutrition label

56% Informative

Shiba Inu burn rate skyrockets nearly 100% as millions of coins destroyed.

Recent community advancements pour additional optimism into the meme coin's future price movements.

A whale has accumulated 2.88 trillion SHIB from a crypto exchange, sparking speculations over a potential rally ahead.

Despite soaring optimism amid the mentioned developments, SHIB price witnessed heightened volatility intraday and resting at $ 0.00002293 .

VR Score

34

Informative language

25

Neutral language

25

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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