Top 100 Coins
Trending Cryptos
Performance
Recently Listed
Gainers
All Categories
All Time High
Blockchains
Global Market Data
Ecosystems
Research
Rewards
Heatmaps
Drop Hunting
Alerts
Converter
Widgets
Market Data API
Futures and Options
Affiliate Program
Shiba Inu (SHIB) Price Nears Breakout as Burn Rate Spikes 181% & Whales Move 360B Tokens
Share:
- Shiba Inu is testing a crucial downtrend resistance at $0.00001553 after a 12% weekly gain.
- On-chain data shows an 181% burn rate spike and increased large-holder activity.
- A breakout could trigger a measured move toward $0.00001945 for SHIB token.
Shiba Inu (SHIB) has surged 12% over the past week, climbing to $0.00001374 with a market cap of $8 billion as it attempts to break back into the top 20 cryptocurrencies. The token currently sits at rank 22 on CoinMarketCap, looking to flip major assets like TON and LEO.
SHIB Burn Rate Up, Whales Buy
Meanwhile, the SHIB burn rate has spiked 181.26% in the past 24 hours, removing over 821,000 tokens from circulation, according to Shibburn, further favoring the bullish momentum.
Also, IntoTheBlock data shows significant whale movement. Large holder addresses, which include both whales and major exchanges, saw SHIB outflows jump from 183.03 billion tokens on August 7 to 359.6 billion by August 9…
The post Shiba Inu (SHIB) Price Nears Breakout as Burn Rate Spikes 181% & Whales Move 360B Tokens appeared first on Coin Edition.
In This News
Coins
$ 0.110
+0.47%
$ 0.0142
+2.28%
$ 0.00...361
$ 0.000601
$ 0.00619
Share:
In This News
Coins
$ 0.110
+0.47%$ 0.0142
+2.28%$ 0.00...361
$ 0.000601
$ 0.00619
Share:
Read More
Bitcoin Drops Below $87,000 as Bears Target $84,000 Support Break
Ethereum Price Prediction: Network Activity Surges As Price Bounces From Long-Term Support
Shiba Inu (SHIB) Price Nears Breakout as Burn Rate Spikes 181% & Whales Move 360B Tokens
Share:
- Shiba Inu is testing a crucial downtrend resistance at $0.00001553 after a 12% weekly gain.
- On-chain data shows an 181% burn rate spike and increased large-holder activity.
- A breakout could trigger a measured move toward $0.00001945 for SHIB token.
Shiba Inu (SHIB) has surged 12% over the past week, climbing to $0.00001374 with a market cap of $8 billion as it attempts to break back into the top 20 cryptocurrencies. The token currently sits at rank 22 on CoinMarketCap, looking to flip major assets like TON and LEO.
SHIB Burn Rate Up, Whales Buy
Meanwhile, the SHIB burn rate has spiked 181.26% in the past 24 hours, removing over 821,000 tokens from circulation, according to Shibburn, further favoring the bullish momentum.
Also, IntoTheBlock data shows significant whale movement. Large holder addresses, which include both whales and major exchanges, saw SHIB outflows jump from 183.03 billion tokens on August 7 to 359.6 billion by August 9…
The post Shiba Inu (SHIB) Price Nears Breakout as Burn Rate Spikes 181% & Whales Move 360B Tokens appeared first on Coin Edition.
In This News
Coins
$ 0.110
+0.47%$ 0.0142
+2.28%$ 0.00...361
$ 0.000601
$ 0.00619
Share:
In This News
Coins
$ 0.110
+0.47%$ 0.0142
+2.28%$ 0.00...361
$ 0.000601
$ 0.00619
Share:
Read More
Bitcoin Drops Below $87,000 as Bears Target $84,000 Support Break