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Shiba Inu Price Set for 30% Surge? On-Chain and Social Signals Say Yes


Shiba Inu (SHIB) is back in the spotlight, but not just for its meme power. In the last 24 hours, SHIB’s burn rate dropped sharply by nearly 88%, yet the coin’s price continues to climb. With a 6.6% gain and several bullish signals lining up, many believe SHIB could be gearing up for a much bigger move.

SHIB Burn Rate Crash Drop

According to the Shibburn data, just 180,292 SHIB were destroyed in the past 24 hours—a massive drop from earlier burn activity. However, the Shiba Inu community remains committed. 

Over the last week, they’ve removed…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

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by Tech In Asia

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