SHIB Price Down 9% But Burn Rate Surges 295%: What Is Going On With Shiba Inu?
Posted On December 2, 2024
Shiba Inu (CRYPTO: SHIB) is down 9%, despite a soaring burn rate and increasing transaction volumes fueling optimism for its long-term trajectory.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Shiba Inu (CRYPTO: SHIB) | $0.00002889 | $17 Billion | -9.5% | +13.2% |
| Dogecoin (CRYPTO: DOGE) | $0.4177 | $61.4 Billion | -3.2% | +3.2% |
| Pepe (CRYPTO: PEPE) | $0.00001993 | $8.4 Billion | -10.9% | +4.3% |
Trader Notes: InvestingHaven predicts SHIB could climb to $0.0000444 by mid-December, suggesting a retracement could pave the way for a bullish setup in 2025 if this level isn’t …
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