Are "MOAB SHREDR" Spike factory's faster than 0-2 Spike factory's?

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I've been playing BTD5 and BMC, and whenever I upgrade the spike factory from 0-2 to 0-3, it seems to make spikes FASTER than a normal 0-2 spike factory. Is it just me, or are they faster?
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90 MOAB-SHREDR Spike Factories VS. 20 ZOMGs
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