‘Dogecoin Killer’ Shiba Inu Burn Rate Spikes 4,766%: ‘Patience Could Pay Off,’ Trader Says

Shiba Inu (CRYPTO: SHIB) continues to attract attention as its burn mechanism drives supply reduction, sparking optimism among traders despite subdued broader market activity.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Shiba Inu (CRYPTO: SHIB)  $0.00002566 $15.12 billion -3.1%  -11.5% 
Dogecoin (CRYPTO: DOGE)  $0.3849 $56.7 billion -3.1%  -7.9% 
Pepe (CRYPTO: PEPE)  $0.00002144   $9 billion -5.6%  -14.6% 

Trader Notes: Crypto trader InvestingHaven outlined their 2025 price forecast for SHIB, suggesting a potential high of $0.0000998 and a low of $0.0000234.

The trader noted, “While the journey to these targets could be volatile, it aligns with broader market dynamics. Patience …

Full story available on Benzinga.com

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