Shiba Inu Burn Rate Soars, Dogecoin Whales On A Buying Spree And More: This Week In Crypto

The past week in the crypto world was a mixed bag of events. From Shiba Inu’s (CRYPTO: SHIB) burn rate skyrocketing to Dogecoin’s (CRYPTO: DOGE) price dipping, there was no shortage of action. Bitcoin (CRYPTO: BTC) also had its moment, teasing the $100,000 mark, while Ethereum (CRYPTO: ETH) experienced a bumpy ride. Here’s a quick recap of the major stories that unfolded over the week.

Shiba Inu Burn Rate Skyrockets

Despite a relatively flat performance for the SHIB/USD pair over the past week, the burn rates for Shiba Inu witnessed a significant increase. Benzinga’s technical analysis indicates an oversold RSI at 28.6 for Shiba Inu, suggesting a …

Full story available on Benzinga.com

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