Traders are monitoring $SHIB following a 17,134% increase in the burn rate over the past 24 hours, amid anticipation of potential price recovery.
This significant spike in burn activity means more coins are being removed from trading, a factor the market watches when assessing momentum strength.
The main question remains: will this activity continue to support the price, or will its impact fade over time?
For now, the market is waiting to see whether $SHIB can regain its positive momentum.
Press $SHIB to trade
$SHIB
Someone beat you to it—follow along. Enter your profile and stay with the people reading before the news spreads.
This significant spike in burn activity means more coins are being removed from trading, a factor the market watches when assessing momentum strength.
The main question remains: will this activity continue to support the price, or will its impact fade over time?
For now, the market is waiting to see whether $SHIB can regain its positive momentum.
Press $SHIB to trade
$SHIB
Someone beat you to it—follow along. Enter your profile and stay with the people reading before the news spreads.
