Shiba Inu Burn Rate Explodes By 3,450%: Is SHIB Price Going Up 72% In December Again?

Shiba Inu’s (CRYPTO: SHIB) 72% monthly gain and its active coin-burning mechanism continue to fuel optimism among traders.

Cryptocurrency Price     Market Cap 24-Hour Trend 7-Day Trend
Shiba Inu (CRYPTO: SHIB)  $0.00002905   $17.1 Billion  +1.6%  +21%
Dogecoin (CRYPTO: DOGE)  $0.4164 $61.2 Billion  +1.7%  +10.2%
Pepe (CRYPTO: PEPE)  $0.00002025   $8.5 Billion  +1.1%  +12%

Trader Notes: Crypto trader Bluntz Capital expects meme coin enthusiasm to reignite retail interest in projects like Dogecoin, Shiba Inu and Floki.

Trader Astekz says Shiba Inu is consolidating and could start a new uptrend before Dogecoin.

Full story available on Benzinga.com