SHIB price dropped 14.48% from $0.00002023 to $0.0000173, a three-month low.
Despite the decline in Shiba Inu’s price, its burn rate has surged by 12,842%.
Amidst the recent downturn in the crypto market, Shiba Inu (SHIB) has displayed significant price swings, sinking approximately 14.48% over the last 24 hours to hit a three-month low of $0.0000173, a level not seen since March. This decline reflects broader market movements worsening SHIB’s downtrend.
Shiba Inu (SHBI) Price Chart (Source: CoinMarketCap)
Instead of efforts to stabilize, SHIB’s price has declined by 19% over the past week and 27% over the past month, currently trading at $0.00001823. Despite recent setbacks, the memecoin’s market cap stands at $10.73 billion, highlighting its solid presence in the crypto sphere. Additionally, the daily trading volume of Shiba Inu increased by about 156% in a day to $596 million.
Shiba Inu Burn Rate on the Rise
In an unexpected turn, SHIB has seen a dramatic incre
We współpracy z: https://thenewscrypto.com/shib-faces-intense-pressure-as-market-fluctuations-continue/
