Posted 3/9/2024, 8:00:00 PM
SHIB Developers Burn $463K in Tokens But Price Drops 23%; Analysts Predict Breakout as Community Pushes for Exchange Listing
- Shiba Inu developers burned over 13 billion SHIB tokens worth $463K in 24 hours, but SHIB price still dropped 23% from its yearly high
- Developer burns wouldn't have been possible without Shibarium builders and users, according to influencer Lucie
- Despite price drop, analyst Ali Martinez says SHIB could be consolidating before a potential 40% breakout
- Lead developer Shytoshi Kusama urging community to vote for BONE token listing on Binance Futures NEXT program
- BONE is integral to Shiba Inu ecosystem as part of Layer 2 Shibarium solution, but currently trails other tokens in Binance nomination votes