Shiba Inu Burns 46 Million SHIB In Single Day: What Is Going On?

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 …

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