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The burning mechanism could also push the valuation up. The destroyed tokens in the last 24 hours equal over 11.5 million.earlier, the meme coin sector has suffered a substantial pullback, with numerous tokens nosediving by double digits on a 24-hour scale. The second-largestmarket cap – Shiba Inu – has also underperformed, albeit registering more mild losses than PEPE, PNUT, BONK, and others.SHIB could experience a 50% price increase if it surpasses the $0.000025 resistance.
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