Shiba Inu’s (CRYPTO: SHIB) burn rate has exploded, reigniting trader optimism for a potential bullish breakout.
Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
Shiba Inu | (CRYPTO: SHIB) | $0.00001265 | $7.5 billion | -2.7% |
Dogecoin | (CRYPTO: DOGE) | $0.2133 | $32 billion | -3.5% |
Pepe | (CRYPTO: PEPE) | $0.00001085 | $4.6 billion | -5.1% |
Trader Notes: Crypto trader Javon Marks highlighted that SHIB recently confirmed a bullish divergence, a signal that often precedes sharp upside moves. He projects the price could rally more than 156% to reach $0.000032, potentially kicking off a larger trend reversal.