Shiba Inu Burn Rate Spikes 1,083% As Key Metrics Climb: What Is Going On?
Posted On March 10, 2025
Despite broader market weakness, Shiba Inu (CRYPTO: SHIB) is holding its ground, with burn rate and key metrics showing strength.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Shiba Inu (CRYPTO: SHIB) | $0.00001267 | $7.5 billion | +2.3% | -10.6% |
| Dogecoin (CRYPTO: DOGE) | $0.1754 | $26 billion | -4.9% | -20.7% |
| Pepe (CRYPTO: PEPE) | $0.056418 | $2.7 billion | +3% | -23.1% |
Trader Notes: On Saturday, TradingView analyst The Hunters Company noted that SHIB’s price correction near resistance presents a potential buying opportunity.
Crypto chart analyst Ali Martinez stated in an X post on March 7 that SHIB must hold above $0.000013 to sustain bullish momentum. If buying pressure increases at this level, he predicts …
About The Author
