Shiba Inu Surged 27% as Burns Hit 365-Day High: What's Happening?
Shiba Inu jumps 27% as SHIB burns hit a one-year high, but whale selling and rising retail FOMO threaten the rally.
Shiba Inu's price jumped 27% because people burned (destroyed) more coins than they have in a year, which shrinks the supply. Watch whether the price stays up or drops—jumps on burned coins can fade if big holders start selling, so don't get caught up in the excitement.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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