Shiba Inu (CRYPTO: SHIB) has seen a massive spike in its burn rate, fueling a 5% price gain, with potential further upside on the cards.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| Shiba Inu | (CRYPTO: SHIB) | $0.00001380 | $8.1 billion | +14% |
| Dogecoin | (CRYPTO: DOGE) | $0.2455 | $36.9 billion | +22.8% |
| Pepe | (CRYPTO: PEPE) | $0.00001223 | $5.1 billion | +19.4% |
Trader Notes: Shib Army member Shib Knight highlighted SHIB’s bullish momentum, pointing to a series of higher lows that suggest tests of upcoming resistance levels may be on the horizon.
Statistics: Shibburn data shows the burn rate jumped 48,247.5% in one day, removing 87.96 million SHIB from circulation.
One transaction alone burned 85.7 million SHIB about 12 hours ago.
Considering trying out virtual dating RN? We got you. Here are some tips to turn you into a video dating pro — instantly.
Over the past seven days, 101.63 million SHIB were burned, a 637.9% increase.
Shibariumscan reports daily transactions have consistently stayed above 4.6 million in recent weeks.
IntoTheBlock notes SHIB’s large transaction volume surged 31% in a day, totalling $49.9 million.
Community News: Shiba Inu marketing lead Lucie pointed out that the broader crypto market cap has hit $4.1 trillion, hinting at an approaching altcoin season.
Are You Taking One of These 9 “Memory Erasing” Prescriptions? [ad]
You may think your memory loss is just a sign of getting older, but one of these 9 drugs could actually be damaging your brain... These 9 prescription drugs have now been linked to Alzheimer's disease diagnoses. If you're over the age of 60, and you're taking even 1 of these 9 drugs, your brain could be at risk. Click here to learn more.
She noted that the FUD surrounding Treat token under $2 million may be a buying opportunity and that SHIB’s ecosystem often mirrors Bitcoin, potentially driving gains as SHIB’s market cap grows toward $30–50 billion.
Top developer Kaal Dhariya added that while SHIB’s success can have a “halo effect” on related tokens like TREAT, BONE, and LEASH, he emphasizes that each token should thrive independently.
Read Next:
Image: Shutterstock
If you can’t decide whether to get the 2-in-1 Windows tablet hybrid, traditional laptop, or desktop, we’re here to help.
