Shiba Inu Burns 13 Million Coins In 24 Hours: ‘SHIB Chart Looks Primed For Launch Very Soon,’ Says Trader
Posted On December 13, 2024
Shiba Inu (CRYPTO: SHIB) continues its sideways consolidation trajectory, but high burn rates fuel optimism among traders that a breakout could soon be on the cards.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Shiba Inu (CRYPTO: SHIB) | $0.00002801 | $16.5 billion | -2.1% | -6.6% |
| Dogecoin (CRYPTO: DOGE) | $0.4061 | $59.8 billion | -1% | -5.3% |
| Pepe (CRYPTO: PEPE) | $0.00002377 | $9.9 billion | -2.4% | +12.4% |
Trader Notes: Crypto trader TheCryptoBull noted that Shiba Inu’s chart “looks primed for launch very soon,” suggesting imminent bullish movement.
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