Reported 2 days ago
Shiba Inu (SHIB) continues to experience a sell-off despite a staggering burn rate that skyrocketed to 112,000%, removing over 116 million tokens from circulation. While the increases in wallet addresses and layer-2 transactions show strong fundamentals, SHIB's price remains under pressure, trading at $0.00001190, a 2% drop over the past 24 hours. Analysts identify key resistance at $0.0000122 and a double-bottom formation could suggest a potential rally.
Source: YAHOO