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Benzinga
Benzinga
Business
Khyathi Dalal

Shiba Inu Burn Rate Soars 1,224% In A Day But SHIB Falls 3%: What's Going On?

Many,Of,Shiba,Inu,Coins,(shib),Are,On,Wooden,Blocks

Shiba Inu (CRYPTO: SHIB) continues to see robust growth within the Shibarium ecosystem and a surge in burn rates, but a 23% drop over the past month has raised concerns among traders.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
Shiba Inu (CRYPTO: SHIB) $0.00001000 $5.9 billion -3.4% 
Dogecoin (CRYPTO: DOGE) $0.1949 $29.5 billion -1.5%
Pepe (CRYPTO: PEPE) $0.056917 $2.9 billion  -38% 
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