Shiba Inu Burns 43 Million SHIB In One Transaction: What’s Going On?

Shiba Inu (CRYPTO: SHIB) is seeing a surge in burn activity, which sparked hopes the meme coin may regain some of its mojo.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
Shiba Inu (CRYPTO: SHIB) $0.00001060  $6.3 billion -12.8% 
Dogecoin (CRYPTO: DOGE) $0.2023  $30.6 billion -18.9% 
Pepe (CRYPTO: PEPE) $0.057458  $3.13 billion -20.2% 

Trader Notes: According to TradingView data, Shiba Inu’s technical indicators signal caution, with the majority of moving averages pointing to …

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