Shiba Inu's latest news includes ¹ ² ³:
- *Price Update*: Shiba Inu's price surged 5.3% in 24 hours, reaching $0.00001368, following a broader market rally. Currently, it's trading at $0.0000139 with a 1.98% increase.
- *Burn Rate*: The burn rate spiked 83,891%, coinciding with the price increase. Another instance showed an 800% surge in token burn rate.
- *Stablecoin Development*: Shiba Inu's layer-2 blockchain Shibarium is set to launch its own stablecoin, SHI, pegged to $0.01. Developers are working on infrastructure stability and utility within DeFi.
- *Market Predictions*: Analysts predict potential price movements based on market trends and whale activity. Some foresee a rebound, while others warn of short-lived rallies.
- *Trading Volume*: SHIB's trading volume surged, fetching above $2.09 billion in 24 hours, outperforming large-cap altcoins like Ripple and Dogecoin.
Keep an eye on these developments for the latest Shiba Inu news. For real-time updates, consider checking CoinGecko or crypto.news ⁴ ¹ ³.
