Shiba Inu Burn Rate Soars Massively; Can SHIB Price Rally To 1 USDT Soon

Shiba Inu (SHIB) has recorded a sharp rise in its burn rate, with over 12 million tokens removed from circulation in a single day. The increased burn activity has sparked discussions among buyers about the possibility of a major rally. Meanwhile, Minotaurus (MTAUR) is attracting attention with its ongoing presale, which has already gathered substantial funds.

Shiba Inu Burn Rate Jumps 280%, Boosting Market Sentiment

Shiba Inu (SHIB) has recorded a 280% surge in its burn rate, with over 12 million tokens permanently removed from circulation in the past 24 hours, according to Shibburn. This reduction in supply has uplifted optimism among holders, as burns create scarcity, which may drive a price rally.

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Following the latest burn, SHIB saw a 1% increase, reaching 0.00001863 USDT. However, exchanging volume remains below the seven-day average, signaling cautious market activity. The token faces resistance at 0.000019 USDT, with a potential target of 0.0000333 USDT if surpassed. Failure to hold support at 0.00001750 USDT could lead to a decline.

Whales continue accumulating SHIB, with a recent transaction adding 257 billion tokens worth 4.6 million USDT, collecting total holdings to nearly 9 million USDT. Exchange supply is also decreasing, indicating reduced selling pressure.

The Shiba Inu ecosystem is expanding with ShibOS, boosting community confidence. If demand continues rising and resistance levels are broken, SHIB could see a strong rally in the coming months.

Minotaurus (MTAUR); A Rising Star in Blockchain Gaming

As the blockchain gaming landscape continues to evolve, Minotaurus (MTAUR) is emerging as a noteworthy contender. This innovative project introduces an exciting mobile-based endless running game where players control a Minotaur navigating intricate mazes filled with challenges, treasures, and adversaries. With the casual gaming industry rapidly growing, valued at over 14.78 billion USDT, Minotaurus is perfectly positioned to tap into this expanding market.

The Core of Minotaurus (MTAUR) Token Utility

At the heart of the Minotaurus ecosystem is its native token, MTAUR. This utility token offers players a variety of in-game functions, enhancing the overall gaming experience. Players can utilize MTAUR to customize their characters, unlock exclusive zones, and access mini-games.

In addition, the token serves as the means to purchase valuable power-ups, such as speed boosts and shields, to aid players in their adventures. MTAUR also provides the opportunity to acquire unique avatar features like skins, tattoos, and accessories, adding an extra layer of personalization to the game.

Presale Opportunity and Incentive Program

The ongoing MTAUR presale presents a significant opportunity for early buyers, with the token priced at 0.00010009 USDT. The listing price is expected to be 0.00020 USDT.

To further fuel engagement, Minotaurus has launched a 100,000 USDT giveaway program, where one lucky participant will receive 50,000 USDT worth of MTAUR tokens, while 100 other buyers will share the remaining prizes. This initiative has been successful in generating excitement and attracting attention to the project.

Robust Tokenomics and Long-Term Vision

Minotaurus boasts a well-structured tokenomics model designed for sustainability and growth. With a focus on long-term stability, the project carefully controls the release of MTAUR tokens to ensure a balanced supply and demand dynamic.

The ecosystem encourages sustained engagement through a vesting program, catering to those who hold onto their tokens over time. Additionally, Minotaurus offers a referral program, providing users with the chance to benefit from inviting others to join the platform, creating a strong network effect.

Security, Audits, and Community Engagement

Minotaurus prioritizes security and transparency, having undergone thorough audits by reputable firms SolidProof and Coinsult. These audits reassure potential participants of the project’s reliability. Furthermore, the Minotaurus team, with experience in past successful crypto projects, is committed to expanding the game’s ecosystem with additional features and mini-games.

A well-executed marketing strategy and growing social media presence have helped attract the attention of crypto influencers and an active community of over 18,000 followers, solidifying Minotaurus’ reputation as a major player in the blockchain gaming sector.

Website: http://minotaurus.io/
Announcements: https://t.me/minotaurus_official
Chat: https://t.me/minotaurus_chat
Twitter: https://twitter.com/minot

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