‘Dogecoin Killer’ Shiba Inu Burns 53 Million Coins In A Day: What Is Going On With SHIB?
Posted On December 6, 2024
Shiba Inu (CRYPTO: SHIB) has gained momentum in recent day, buoyed by a significant increase in its burn rate and a steady rise in whale transactions.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Shiba Inu (CRYPTO: SHIB) | $0.00003011 | $17.7 billion | -5.5% | +16.5% |
| Dogecoin (CRYPTO: DOGE) | $0.4277 | $63.2 billion | -3.6% | +3.8% |
| Pepe (CRYPTO: PEPE) | $0.00002115 | $8.9 billion | -4.3% | +4.8% |
Trader Notes: Traders are optimistic about SHIB’s trajectory. Bluntz Capital tweeted that a “God candle is loading” for Shiba Inu, signaling a potential major price spike.
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