Shiba Inu Price Eyes 105% Rally As SHIB Burn Rate Soars 9400%

Quick Summary:

The Shiba Inu price is gaining attention after a sharp rise in its token burn rate, increasing by over 9,400% in the last 24 hours.

This increasing SHIB burn has come amid a 7% surge in the Shiba Inu price in the last day.

According to IntoTheBlock, the next-level support zone is between $0.000014 and $0.000016, where there are 18.33 trillion SHIB held.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: IndiaPakistan

Topics: Shiba inu 24/7 Cryptocurrency News Altcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-10 @ 19:11:37 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 512 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28541058

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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Year Established: 2017

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News Last Updated: 9 hours ago

Coverage Areas: India

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