Shiba Inu (SHIB), a popular meme coin, has been the subject of a wide array of discussions in recent times. Current market evolution anticipates both favourable and unfavourable predictions for the SHIB coin. For instance, its rally capacity shows
potential growth while its performance seems stuck in a
downtrend, awaiting Bitcoin's lead for a possible rebound. In terms of circulation, almost a trillion SHIB has moved into whale wallets, a phenomenon that might suggest a bullish trend. On the other hand, SHIB's burn rate has also jumped by 500% after its partnership with the
UAE even as its struggles continues throughout February. New players in the crypto game such as PEPE and AGENT AI have emerged as
potential rivals to SHIB, drawing significant attention. The recent 106% rally has agitated investors to look out for
potential surges with experts seeing a seeming shift away from Dogecoin and SHIB to a new low-cap coin capable of
x10,000 growth. The burn rate of SHIB, however, had a massive drop of 61%, causing trading volume to plummet below $400 million, indicating a potential slump in the coin's journey.
SHIB Coin News Analytics from Tue, 07 Jan 2025 08:00:00 GMT to Wed, 12 Feb 2025 22:20:29 GMT -
Innovation -6
- Information 6
- Rumor -5
