Shiba Inu Plunges 6% But Burn Rate Soars 958%: What Is Going On?
Posted On November 3, 2025
Shiba Inu (CRYPTO: SHIB) is down another 6% but is seeing growing recognition from major players, with T. Rowe Price filing for the first U.S. Spot Shiba Inu ETF.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| Shiba Inu | (CRYPTO: SHIB) | $0.059639 | $5.7 billion | -7.6% |
| Dogecoin | (CRYPTO: DOGE) | $0.1746 | $26.5 billion | -14% |
| Pepe | (CRYPTO: PEPE) | $0.056118 | $2.6 billion | -15% |
Trader Notes: Javon Marks highlighted a bullish divergence in Shiba Inu performance against Bitcoin, suggesting a potential breakout setup that could drive hundreds of percent in upside.
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