Shiba Inu Burns 46 Million SHIB In Single Day: What Is Going On?
Posted On May 14, 2025
Shiba Inu (CRYPTO: SHIB) is showing renewed bullish momentum as consistent token burns and growing adoption of the Shibarium Layer 2 network fuel speculation of an explosive leg higher.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Shiba Inu (CRYPTO: SHIB) | $0.00001589 | $9.4 billion | +2% | +23.6% |
Dogecoin (CRYPTO: DOGE) | $0.2344 | $34.9 billion | +2.8% | +35.5% |
Pepe (CRYPTO: PEPE) | $0.00001381 | $5.8 billion | -1% | +68.7% |
Trader Notes: Crypto educator Henry, known as LordOfAlts, suggests the current rally is only the beginning.
With Shibarium gaining traction and …