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According to Shibburn data, SHIB's daily burn rate surged by 249.37% in the past 24 hours, with 432,211 tokens burned. The surge was triggered by a team executive's previous prediction that the price was about to break out. Analyst "SHIB KNIGHT" predicts that after SHIB breaks out of the descending wedge pattern, the price could rise to $0.00001200, a view also supported by SHIB marketing director Lucie. The token is currently trading at $0.00000871.