‘Dogecoin Killer’ Shiba Inu Burns 17 Million SHIB, Traders Predict ‘Parabolic Potential’

‘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.

Full story available on Benzinga.com