Cyborg Shiba (CYSHIB) to Surge 4,700% Following Solana Launch
New Solana memecoin, Cyborg Shiba (CYSHIB), launches with potential for 4,700% surge. Exclusive purchase on Solana DEXes. Investors eye millionaire wave amid Solana's memecoin appeal.
![image Edmund](https://image.coinlive.com/24x24/cryptotwits-static/2488f86d7c9c42855a452b202bf85f6c.png)
New Solana memecoin, Cyborg Shiba (CYSHIB), launches with potential for 4,700% surge. Exclusive purchase on Solana DEXes. Investors eye millionaire wave amid Solana's memecoin appeal.
Shiba Inu (SHIB) experiences a remarkable resurgence following market downturn. 131.21% surge in token burn rate boosts investor confidence, driving a 7.61% price increase and positioning SHIB as the 11th largest cryptocurrency by market cap.
Shiba Inu, dubbed the 'Dogecoin Killer,' sees resurgence with soaring burn rates and whale accumulation. Despite price dips, strong social media presence and strategic moves hint at bullish sentiment and future potential.
Shiba Inu's open interest plunges by over 40% in two weeks, raising concerns about its price trajectory. Historical data suggests a correlation between declining open interest and downward price movements, indicating potential trouble ahead for SHIB's value.
Shiba Inu (SHIB) surges on community-driven burning initiative, reducing token supply and boosting value. Market cap rises, caution advised due to RSI overbought status.
Amid a Shiba Inu price dip, a whale accumulates 1.44 trillion $SHIB tokens, worth $13.36 million, within two days. This coincides with increased token burning and a strategic partnership. Despite challenges, some analysts remain optimistic about SHIB's future.
The Shiba Inu team has escalated SHIB token burns, recently incinerating over 8 billion tokens, contributing to a total of over 33.8 billion burned in December.
Delayed SHIB token burns lead to community frustration, with unclear future timelines and possible impact of external factors.
Following a record burn of over 8.3 billion tokens, Shiba Inu's burn rate has soared by an unprecedented 7,686,774.46%, coinciding with a wider upsurge in the cryptocurrency market.
Token Burning is simply removing or destroying a reasonable amount of a project’s total supply.