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Benzinga

Business

Khyathi Dalal

Shiba Inu Burn Rate Soars 582% In 1 Day: What's Going On?

SHIB Shiba Inu Lucie

Shiba Inu

Shiba Inu's (CRYPTO: SHIB) increasing token burn rate and steady core metrics have caught the attention of traders, who urge patience regarding the meme coin’s near-term future.

Cryptocurrency	Ticker	Price	Market Cap	7-Day Trend
Shiba Inu	(CRYPTO: SHIB)	$0.00001168	$6.9 billion	-0.6%
Dogecoin	(CRYPTO: DOGE)	$0.1633	$24.5 billion	-5%
Pepe	(CRYPTO: PEPE)	$0.0₅9888	$4.2 billion	-5.4%

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