‘Dogecoin Killer’ Shiba Inu Soars 7% As Burn Rate Explodes By 1,500%

Shiba Inu (CRYPTO: SHIB) is showing strong signs of building momentum as burn activity spikes, large transactions increase, and bullish technical patterns emerge. Traders believe SHIB could be gearing up for a major move if key levels hold.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
Shiba Inu (CRYPTO: SHIB) $0.00001263  $7.4 billion +6.9% 
Dogecoin (CRYPTO: DOGE) $0.1835  $27.5 billion +7.5% 
Pepe (CRYPTO: PEPE) $0.00001141  $4.8 billion +14.2% 

Trader Notes: Crypto trader CW highlighted SHIB’s recent strength, noting the meme coin has cleared a key sell wall and is now approaching the next major resistance zone.