Global #Shiba Inu

This suggests that the market is in a very bearish trend. In addition, SHIB's market capitalization has decreased by 12% to $12.7 billion, with $1.9 million worth of trading activity every day. According to Shibburn, Shiba Inu's token burn rate has increased dramatically during the last day, leaping by an astounding 25,035.22%.

As it aims to become as popular as Dogecoin (DOGE) and Shiba Inu (SHIB), DRDOGE is set to go even faster once it has a $5 million market value.

Significant investors in the meme-inspired cryptocurrency Shiba Inu (SHIB) have increased their holdings dramatically, setting off on-chain fireworks. This is a noteworthy example of whale activity. These major players amassed an astounding 2.85 trillion tokens in a single day.

Many of the early supporters of Dogecoin (DOGE) and Shiba Inu (SHIB), who gained enormous profits from their purchases, are now opting to invest in FLYSHIB. Before Tuesday, Flying Shiba Inu (FLYSHIB) is expected to rise 7,000% in anticipation of the news that the new memecoin would be launched on MEXC.

The quantity of tokens being transferred to the burn address has significantly increased, according Shibburn data.

Around April 17th, Shiba Inu (SHIB) may experience a price uptick due to a significant technical indicator suggesting a nearing convergence between the 50-day Exponential Moving Average (EMA) and SHIB’s current price.