Shiba Inu Burn Rate Explodes 23,864% In 24 Hours

Shiba Inu (CRYPTO: SHIB) has posted a massive surge in burn activity alongside fresh ecosystem updates, hinting at rising network engagement despite broader market weakness.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
Shiba Inu (CRYPTO: SHIB) $0.058733 $5.14 billion -10.5%
Dogecoin (CRYPTO: DOGE) $0.1580 $23.9 billion -9.5%
Pepe (CRYPTO: PEPE) $0.054899 $2.06 billion -16.6%

Trader Notes: Full-time trader Timmi Arno noted SHIB has broken down from its recent sideways range and tapped a major high-volume support zone.

He sees a short-term long setup …

Full story available on Benzinga.com