Shiba Inu’s SHIB/USD burn rate has spiked, alongside a rise in whale transactions and daily transactions. Key Shibarium updates reflect strong fundamentals for the meme coin.

CryptocurrencyPrice   Market Cap24-Hour Trend7-Day TrendShiba Inu SHIB/USD $0.00001257$7.4 billion-4.5% -2.5% Dogecoin DOGE/USD $0.1874$28 billion-5.6% –2% Pepe PEPE/USD $0.00001216$5.1 billion-4.2% +2.6% 

Trader Notes: Technical analyst Investing Haven notes that SHIB has held key support around $0.000012345, aligning with expected annual lows near $0.0000133.

The chart may be forming a bullish W-reversal pattern, which — if confirmed — could push SHIB toward a target of $0.0000666.

Statistics:…

Read more on Benzinga