Shiba Inu (SHIB) Burn Rate Slightly Up 36% as 126 Million Are Burned in Past Week
Shiba Inu's burn rate is slightly up 36% in the last 24 hours, as a total of 8,375,655 SHIB were burned and six transactions were made. This number is lower than that of the previous week, when 223,264,370 SHIB tokens were burned.
At the time of publication, SHIB was trading at $0.0000093, marginally down in the last 24 hours. After a rebound from lows of $0.0000081 on Nov. 22, SHIB has remained in consolidation, with the range tightening as the days go by.This might suggest a move might be on the horizon, though the extent remains unknown. The daily RSI has flattened, increasing the chances of consolidation ahead of the main move.
Source
@Doge_ShibaInu
