https://www.binance.com/en/futures/ref/907661156🤯Shiba Inu (SHIB) price today presents the following market quotes:
In USD: ~$0,00000575 USD (variation of ~0% to -1,8% in the last 24 hours)
In BRL: ~R$ 0,000030 BRL
Market Capitalization: ~$3,4 billion USD
Overall Ranking: #31 in the global cryptocurrency market Key Factors That Impacted the Price
Token Burning (Burn Rate): The ecosystem continued to burn SHIB to reduce circulating supply, but the annual burn rate remained small compared to the total supply of ~589 trillion units.
Activity on Shibarium: The Shiba Inu Layer-2 network recorded occasional spikes in transaction volume and fees, but without enough momentum to reverse the year-long downward trend.
Market Sentiment: SHIB’s performance closely followed the market’s Bitcoin cycles and the major memecoins.#shiba⚡
In USD: ~$0,00000575 USD (variation of ~0% to -1,8% in the last 24 hours)
In BRL: ~R$ 0,000030 BRL
Market Capitalization: ~$3,4 billion USD
Overall Ranking: #31 in the global cryptocurrency market Key Factors That Impacted the Price
Token Burning (Burn Rate): The ecosystem continued to burn SHIB to reduce circulating supply, but the annual burn rate remained small compared to the total supply of ~589 trillion units.
Activity on Shibarium: The Shiba Inu Layer-2 network recorded occasional spikes in transaction volume and fees, but without enough momentum to reverse the year-long downward trend.
Market Sentiment: SHIB’s performance closely followed the market’s Bitcoin cycles and the major memecoins.#shiba⚡
