SHIB Burn Rate Soars To 863.58% With SHIB Showing Mixed Signals

The post SHIB Burn Rate Soars To 863.58% With SHIB Showing Mixed Signals appeared first on Coinpedia Fintech News

Shiba Inu saw a massive burn rate of 863.58% over the past 24 hours with over 107 Million SHIB tokens burned. The total SHIB tokens burnt in the last week now stands at 368,456,226. Shiba Inu’s price has remained down amidst the broader market downturn. SHIB is currently trading at $0.00002164 with a slight increase in the past 24 hours, while its trading volume has significantly declined which is down 56.62% to $340.81 million. Shiba Inu is showing mixed signals as its RSI suggests that SHIB is currently in the neutral to slightly bearish region.