Shiba Inu Burns 60 Million SHIB In A Single Transaction: What Is Going On?
Posted On April 16, 2025
Shiba Inu (CRYPTO: SHIB) is seeing a significant uptick in on-chain activity and surging burn rates even as prices consolidate.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Shiba Inu (CRYPTO: SHIB) | $0.00001163 | $6.9 billion | -2.9% | +6.2% |
| Dogecoin (CRYPTO: DOGE) | $0.1534 | $22.8 billion | -4.07% | -5% |
| Pepe (CRYPTO: PEPE) | $0.057127 | $2.99 billion | -3.2% | -12.4% |
Trader Notes: Crypto trader Javon Marks remains bullish, stating that SHIB’s first major breakout target sits over 550% higher at $0.000081.
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