‘Dogecoin Killer’ Shiba Inu Burns 17 Million SHIB, Traders Predict ‘Parabolic Potential’
Posted On December 11, 2024
‘Dogecoin Killer’ Shiba Inu (CRYPTO: SHIB) is holding firm at a crucial horizontal support level, fueling speculation of significant upside potential.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Shiba Inu (CRYPTO: SHIB) | $0.000029 | $17 billion | +15.1% | -4.1% |
Dogecoin (CRYPTO: DOGE) | $0.4166 | $61.3 billion | +10.8% | +1% |
Pepe (CRYPTO: PEPE) | $0.00002503 | $10.5 billion | +9.4% | +15.8% |
Trader Notes: Traders are closely monitoring the meme coin’s price action as it shows resilience in a challenging market environment.
Astekz, a crypto trader, predicts a parabolic move for SHIB from its current levels.