{"id":29980,"date":"2025-06-03T13:16:35","date_gmt":"2025-06-03T13:16:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29980"},"modified":"2025-06-03T13:16:35","modified_gmt":"2025-06-03T13:16:35","slug":"shiba-inu-burn-rate-soars-by-2408-is-a-breakout-imminent","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29980","title":{"rendered":"Shiba Inu Burn Rate Soars By 2,408%: Is A Breakout Imminent?"},"content":{"rendered":"<div>\n<p>The <strong>Shiba Inu <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) ecosystem is heating up, fueled by a sharp spike in burn activity and growing whale transactions, all while momentum builds following the launch <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45185999\/shiba-inus-shibarium-is-booming-heres-whats-driving-the-54-transaction-surge\">of Shibarium DAO<\/a>.<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table class=\"has-fixed-layout\">\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$0.00001316<\/td>\n<td>$7.75 billion<\/td>\n<td>+3.1%\u00a0<\/td>\n<td>-9.2%\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$0.1956<\/td>\n<td>$29.3 billion<\/td>\n<td>+3.6%\u00a0<\/td>\n<td>-14.4%\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$0.00001262<\/td>\n<td>$5.3 billion<\/td>\n<td>+10.2%\u00a0<\/td>\n<td>-10.7%\u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>Trader Notes:<\/strong> Crypto analyst Javon Marks highlighted a massive Inverse Head &amp; Shoulders pattern forming on SHIB&#8217;s long-term chart, a classic bullish reversal structure. <\/p>\n<p>If it confirms, SHIB could be poised for a 503% upside, with an initial price target of $0.000081.<\/p>\n<p>He notes that this pattern stretches back to early 2022, setting the stage for a long-term reversal &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45745042\/shiba-inu-burn-rate-soars-by-2408-is-a-breakout-imminent\" alt=\"Shiba\" inu burn rate soars by is a breakout imminent>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Shiba Inu (CRYPTO: SHIB) ecosystem is heating up, fueled by a sharp spike in burn activity and growing whale transactions, all while momentum builds following the launch of Shibarium DAO. Cryptocurrency Price\u00a0\u00a0\u00a0 Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) \u00a0$0.00001316 $7.75 billion +3.1%\u00a0 -9.2%\u00a0 Dogecoin (CRYPTO: DOGE) \u00a0$0.1956 $29.3 billion +3.6%\u00a0 [&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-29980","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\/29980","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=29980"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29980\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}