{"id":4305,"date":"2024-12-16T18:17:39","date_gmt":"2024-12-16T18:17:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4305"},"modified":"2024-12-16T18:17:39","modified_gmt":"2024-12-16T18:17:39","slug":"shiba-inu-burn-rate-surges-3609-as-dogecoin-whales-move-5-8-billion-doge-what-is-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4305","title":{"rendered":"Shiba Inu Burn Rate Surges 3,609% As Dogecoin Whales Move 5.8 Billion DOGE: What Is Going On?"},"content":{"rendered":"<div>\n<p><strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) and<strong> Dogecoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>) are gaining momentum as Bitcoin reaches a new all-time high <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42507640\/bitcoin-taps-106000-consolidates-at-104000-why-is-btc-going-up\">above $107,000<\/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>Dogecoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>)<\/td>\n<td>$0.4118<\/td>\n<td>$60.6 billion<\/td>\n<td>+1.9%<\/td>\n<td>-5.5%<\/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>$0.00002784<\/td>\n<td>$16.4 billion<\/td>\n<td>+0.4%<\/td>\n<td>-6.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>Trader Notes: <\/strong>Benzinga&#8217;s technical analysis shows that SHIB&#8217;s Relative Strength Index (RSI) stands at 42.85.<\/p>\n<p>In a bullish trend, the 40-50 RSI range often serves as support. <\/p>\n<p>The 50-day Simple Moving Average (SMA) is crossing above the 100-day and 200-day SMAs\u2014a pattern typically indicative of building bullish momentum.<\/p>\n<p>Prominent trader Cold Blooded Shiller <a href=\"https:\/\/x.com\/ColdBloodShill\/status\/1868698606200631582\">noted<\/a> that DOGE is &#8220;trading as if it&#8217;s poised to get an ETF approval before Solana.&#8221; Meanwhile, crypto trader &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42514226\/shiba-inu-burn-rate-surges-3609-as-dogecoin-whales-move-5-8-billion-doge-what-is-going-on\" alt=\"Shiba\" inu burn rate surges as dogecoin whales move billion doge: what is going on>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) are gaining momentum as Bitcoin reaches a new all-time high above $107,000. Cryptocurrency Price\u00a0\u00a0\u00a0 Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4118 $60.6 billion +1.9% -5.5% Shiba Inu (CRYPTO: SHIB) $0.00002784 $16.4 billion +0.4% -6.5% Trader Notes: Benzinga&#8217;s technical analysis shows that SHIB&#8217;s Relative Strength [&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-4305","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\/4305","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=4305"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4305\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}