Shiba Inu Burns 184 Million SHIB In A Day—But Why Is It Down 2%?

Shiba Inu (CRYPTO: SHIB) is down 2% on the day but up 5% on the week as fresh token burns keep the meme coin rally alive.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
Shiba Inu (CRYPTO: SHIB) $0.059566 $5.8 billion +5%
Dogecoin (CRYPTO: DOGE) $0.1694 $26.5 billion +2%
Pepe (CRYPTO: PEPE) $0.055961 $2.5 billion +4.8%

Trader Notes: Crypto analyst Javon Marks noted on X that Shiba Inu appears to have broken out of its accumulation phase, citing early …

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