Shiba Inu Burn Rate Soars By 2,408%: Is A Breakout Imminent?
Posted On June 3, 2025
The Shiba Inu (CRYPTO: SHIB) ecosystem is heating up, fueled by a sharp spike in burn activity and growing whale transactions, all while momentum builds following the launch of Shibarium DAO.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Shiba Inu (CRYPTO: SHIB) | $0.00001316 | $7.75 billion | +3.1% | -9.2% |
| Dogecoin (CRYPTO: DOGE) | $0.1956 | $29.3 billion | +3.6% | -14.4% |
| Pepe (CRYPTO: PEPE) | $0.00001262 | $5.3 billion | +10.2% | -10.7% |
Trader Notes: Crypto analyst Javon Marks highlighted a massive Inverse Head & Shoulders pattern forming on SHIB’s long-term chart, a classic bullish reversal structure.
If it confirms, SHIB could be poised for a 503% upside, with an initial price target of $0.000081.
He notes that this pattern stretches back to early 2022, setting the stage for a long-term reversal …
About The Author
