Dogecoin Grayscale ETF Set To Debut As Shiba Inu Burn Rate Surges 1,152%

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have each dropped roughly 12% over the past week, but both ecosystems continue to show strengthening fundamentals.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
Dogecoin (CRYPTO: DOGE) $0.1455 $22.1 billion -10.2%
Shiba Inu (CRYPTO: SHIB) $0.057953 $4.7 billion -12.2%
Pepe (CRYPTO: PEPE) $0.054222 $1.8 billion -15.4%

Trader Notes: Crypto chart analyst Ali Martinez highlighted that Dogecoin whales have sold or redistributed 7 billion DOGE over the past month.

Despite the sell-off, trader Cantonese Cat noted DOGE has printed four …

Full story available on Benzinga.com