1. Introduction: 

Shiba Inus price may explode on April 1 and if you watch this  article, you will find out exactly why. If you have any interest in Shiba Inu or you hold any SHIB tokens, then you can't afford to miss this  article. So what is the latest Shiba Inu Coin news and how will all of this affect the value of Shiba Inu in today's  article? I will be answering these questions and I'm going to be telling you all of the price-boosting information that has just come out about Shiba Inu. I have put a lot of research into this  article, so make sure you watch until the end to not miss out on any information.


  2. Current Price Analysis: 

Before we get to our topic, let's take a look at the chart and see what the price of Shiba is doing on the third or 1 March, shall we? Shiba Inu's price today is around 3026 units. Shibs price is down 1% in the last 24 hours with a 24-hour trading volume of $640 million. The token also currently has a market cap of over $17.8 billion, ranking it as the 13th most valuable cryptocurrency. Please keep in mind these prices might have changed by the time you watch this  article. This content is not financial advice.


  3. Surge in Burn Rate: 

Shiba Inu burn rate sees massive 17,000% surge - how much Shib was burned? The Shiba Inu burn rate is again on the rise with the burn tracking website Shiburn highlighting the massive surge in the last 24 hours. This is undoubtedly a welcome development as it could positively impact Shib's price, which has made a decent recovery lately.


  4. Shibarium and Network Activity: 

Time for Shibarium to pick up again - Layer two network Shibarium looks to be the answer to ensuring a sustained increase in the Shib burn rate. For context, Shibarium single-handedly contributed to over 33.8 billion Shib tokens burned in December 2023. Meanwhile, before then, the only time the monthly Shib burns crossed the 10 billion mark was in May 2023. Shibarium's importance is why much effort continues to be put into ensuring that network activity there picks up.


  5. Shiba Inu Price Prediction: 

This is why Shiba Inu is poised for a 16% rally - Shiba Inu witnessed a good start to the month of March as it charted new 2024 highs, but this did not last long. Following corrections and recovery, the meme coin is now at a crucial price which will likely rally for this reason.


  6. Outlook for April: 

What April holds for Shiba Inu based on historical trends - Shiba Inu, the meme-inspired cryptocurrency, has experienced a surge of approximately 150% in March 2024. This impressive rally marks one of its most successful months in recent years, propelling the price above 3000 units per token, a level not seen since February 2022.


  7. Conclusion and Call to Action: 

Many of our subscribers comment that they are not going to sell Shib for the next five years and hold millions of them because they believe in the Shiba Inu developers and the real-world value of Shib. How many are you guys holding? Don't forget to list your Shib holdings in the comment section below. Let's praise the Shib holder for trusting and believing in the process. If you are enjoying the  article, then please give this  article a huge thumbs up.

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