Shiba Inu Burn Rate Soars 396%: Why Is SHIB Not Going Up?

Shiba Inu (CRYPTO: SHIB) is seeing another spikein its burn rate and whale holdings, hinting at potential upside for the meme coin.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
Shiba Inu (CRYPTO: SHIB) $0.00001182  $6.96 billion -11.3% 
Dogecoin (CRYPTO: DOGE) $0.2311  $34.9 billion -17.2% 
Pepe (CRYPTO: PEPE) $0.059363  $3.93 billion -16.9% 

Trader Notes: Polaris XBT highlighted Shiba Inu’s year-long consolidation and resilience:

Full story available on Benzinga.com