Shiba Ina sample indicates 190% increase as ASV combustion rate

Shiba Ina Price has formed a highly Bullish harmonious sample, pointing to an eventually 190% increase as the combustion rate.

Shiba Inu (Shib) The coins are at 0.000016 dollars, the highest level since February this year and 52% above the lowest level this year.

Token jumped like Etherum (El) Hugged an important level of resistance to $ 2,500 for the first time since February. This transfer runs more upside down for popular ERC tokens like Pepe (Pepe), AAVE (Take) and Unisvap (Uni).

The price of Shiba Ina jumped after the combustion rate increased by 234,584% on Sunday, and over 19 million tokens were burned. One user sent over 17.8 million tokens to the combustion address, while another one burned a million tokens.

Theoretically, the token burns help to increase the price of the coin because it reduces the offer. Data That Shiba Ina burned over 410 trillion tokens since his creation, and most of them come from Vitalik Baterina.

Shiba Ina The price has also done well due to the growing Shibarium network. His laying dishes-2 processed over 3.76 million transactions in the last 24 hours, bringing cumulatively to 1,152 billion. The total addresses over 207 million in total addresses.

More data shows that the total value locked in the Shibarium network skipped to $ 3.84 million, The highest level of 21. January. This is a great increase because the network had a TVL in the amount of $ 2.15 million at the beginning of this year. Most of this growth came from Shibasvap and Woofswap.

Shiba price analysis

The weekly chart shows that Shiba’s INA price formed a popular sample of harmonious charts. The KSA section occurred between its highest point in 2024. years and the lowest point in August.

He then formed the Section AB until December and the BC section to April this year. Now it has entered a section of a CD that can return it to its 2024 high than 0.0000455 dollars, which is about 190% above current level.

It is applied, the AC section of this sample is 0.000033 USD, which is a double bottom. Therefore, if it rolls over the neckline to 0.000033 USD, it will be confirmed by the way to its 2024. Years.