Shiba Inu (CRYPTO: SHIB) is showing signs of a potential breakout, fueled by a massive spike in token burns, strategic partnerships and on-chain activity.
Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
Shiba Inu | (CRYPTO: SHIB) | $0.00001186 | $6.99 billion | +5.4% |
Dogecoin | (CRYPTO: DOGE) | $0.1710 | $25.7 billion | +6.4% |
Pepe | (CRYPTO: PEPE) | $0.00001002 | $4.2 billion | +5.8% |
Trader Notes: Crypto trader Javon Marks points to a confirmed bullish divergence on SHIB’s MACD, signaling a setup for a 180% surge back toward $0.000032. He believes this could be the start of a larger positive reversal for the meme coin.