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Shiba Inu Eyes More Upside as Nearly 3 Billion SHIB Leave Circulation
FG
FOMOGRAM Editorial Desk
Aug 4, 2026
EXECUTIVE SUMMARY
Nearly 3 billion SHIB tokens have been burned, leading to a 17% price increase. Technical indicators suggest potential for further upside as buyers defend key support levels.
Nearly 3 billion SHIB tokens have been burned, leading to a 17% price increase. Technical indicators suggest potential for further upside as buyers defend key support levels.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
Aggressive token burns and renewed buying interest have significantly boosted Shiba Inu's market sentiment and price recovery.
BTC OVERALL MARKET INDEX: 51 / 100 (NEUTRAL)
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