About SHIBA INU

Shiba Inu, the second-largest meme coin, has seen its price edge upward, and its token burn mechanism has also relayed a similar trend. According to the Shiba Inu burn tracker Shibburn.com, the number of SHIB tokens burned has risen by about 21.76% in the past 24-hour timeframe.

With its recent bullish run reaching a major milestone, XRP has broken above the crucial $3 level. Following weeks of consolidation and the accumulation of bullish momentum, the asset reached levels not seen in months before the breakthrough.

In the last 24 hours, dog-themed cryptocurrency Shiba Inu (SHIB) has seen a significant increase in transaction volume.

Shiba Inu price continues to struggle and has been left behind by other popular meme coins. This underperformance is likely because of the ongoing decline in Shibarium's total value locked (TVL) and its fees.

Shiba Inu continues to show a mixed picture, to say the least. Even though its price action is still largely unchanged, on-chain data indicates significant accumulation activity at a crucial level, indicating possible future movements.

Cryptocurrency analysts of Coinidol.com report, Shiba Inu (SHIB) price action remained steady after the December 20, 2024 price decline.