Shiba Inu Burn Rate Surges 1,431% In Single Day: What Is Going On?

Shiba Inu (CRYPTO: SHIB) is seeing a new spike in its burn rate spike, just a day after Dogecoin’s ETF debut energized meme coin markets.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
Shiba Inu (CRYPTO: SHIB) $0.00001303  $7.7 billion  -2%
Dogecoin (CRYPTO: DOGE) $0.2656  $40.1 billion +0.6% 
Pepe (CRYPTO: PEPE) $0.00001075  $4.5 billion +2.2% 

Trader Notes: Crypto trader Javon Marks highlighted Shiba Inu’s confirmed bull signal, forecasting a potential +138% rally toward $0.000032. “It’s now a matter of timing only,” he wrote.

Full story available on Benzinga.com