{"id":16292,"date":"2025-03-05T14:32:47","date_gmt":"2025-03-05T14:32:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16292"},"modified":"2025-03-05T14:32:47","modified_gmt":"2025-03-05T14:32:47","slug":"shiba-inu-burn-rate-soars-5440-but-why-do-technicals-flash-sell","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16292","title":{"rendered":"Shiba Inu Burn Rate Soars 5,440%, But Why Do Technicals Flash &#8216;Sell&#8217;?"},"content":{"rendered":"<div>\n<p><strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) is benefiting from renewed optimism in crypto markets, but technical analysis suggests caution despite <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43971131\/shiba-inu-burn-rate-soars-107-whale-transactions-surge-whats-going-on\">rising burn rates<\/a>.<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Cryptocurrency<\/strong><\/td>\n<td><strong>Price\u00a0\u00a0\u00a0<\/strong><\/td>\n<td><strong>Market Cap<\/strong><\/td>\n<td><strong>24-Hour Trend<\/strong><\/td>\n<td><strong>7-Day Trend<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>)<\/td>\n<td>\u00a0$0.00001324<\/td>\n<td>$7.8 billion<\/td>\n<td>+5.4%\u00a0<\/td>\n<td>-6.7%\u00a0<\/td>\n<\/tr>\n<tr>\n<td><strong>Dogecoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>)<\/td>\n<td>\u00a0$0.2019<\/td>\n<td>$29.9 billion<\/td>\n<td>+6.6%\u00a0<\/td>\n<td>-2.3%\u00a0<\/td>\n<\/tr>\n<tr>\n<td><strong>Pepe<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">PEPE<\/a>)<\/td>\n<td>\u00a0$0.0<sub>5<\/sub>7123<\/td>\n<td>$2.9 billion<\/td>\n<td>+6.4%\u00a0<\/td>\n<td>-12.4%\u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>Trader Notes:<\/strong> According to TradingView&#8217;s technical analysis, SHIB&#8217;s Relative Strength Index (RSI) sits at 38.5, indicating oversold conditions. This could suggest a potential buying opportunity if market conditions improve.<\/p>\n<p>The Simple Moving Average (SMA) model &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44141226\/shiba-inu-burn-rate-soars-5440-but-why-do-technicals-flash-sell\" alt=\"Shiba\" inu burn rate soars but why do technicals flash>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu (CRYPTO: SHIB) is benefiting from renewed optimism in crypto markets, but technical analysis suggests caution despite rising burn rates. Cryptocurrency Price\u00a0\u00a0\u00a0 Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) \u00a0$0.00001324 $7.8 billion +5.4%\u00a0 -6.7%\u00a0 Dogecoin (CRYPTO: DOGE) \u00a0$0.2019 $29.9 billion +6.6%\u00a0 -2.3%\u00a0 Pepe (CRYPTO: PEPE) \u00a0$0.057123 $2.9 billion +6.4%\u00a0 -12.4%\u00a0 Trader [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16292","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16292"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16292\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}