Shiba Inu (SHIB) Has Chance for Recovery, Dogecoin (DOGE) Price Eyes 22% Rebound, XRP Bull Run Imminent, According to Bollinger Bands — TradingView News
SHIB price eyes stability near $0.00001
Shiba Inu price is facing a crucial test, but the 910% surge in burn rate might change the outlook.
- SHIB bulls. Data from Shibburn shows total burn activity surged by 910.98% over the past 24 hours.
Shiba Inu 
SHIBUSD bulls appear ready to push price up toward the $0.00001 level, or prevent further slips at least. Data from Shibburn, a platform that tracks deflationary activities in the ecosystem, reveals that bulls have kept total burn activity up by 910.98%.
In the last 24 hours, Shiba Inu’s bulls sent a total of 4,369,584 SHIB to dead wallets in renewed efforts to reduce the circulating supply. The move comes as SHIB fluctuates within a price range of $0.058491 and $0.059009 in the last 24 hours.
