🔥🐕 Why Shiba Inu ($SHIB ) Is Pumping Today
Shiba Inu is up +8% in the last 24h, trading around $0.00001394, with market cap topping $8.2B. Key drivers:
📈 Broad meme coin rally – $DOGE , $PEPE , BONK, and others posting double-digit gains.
🔥 Burn rate surge – nearly 90M SHIB destroyed in 24h, shrinking supply.
🐳 One massive burn made up ~98% of the total.
⚠️ Caution: RSI above 62 and positive exchange netflow hint at possible short-term cooling before the next leg up.
