Shiba Inu (SHIB) Shows Strong Network Activity: Massive Burns, Whale Movements, and Shibarium Growth

TLDR: Shiba Inu burn rate surged dramatically by 6,750%, removing 27.1 million coins from circulation Whale transactions jumped 240% to 3.42 trillion SHIB (approximately $61.5 million) Shibarium’s daily transactions increased by 1,300%, reaching 1.8 million Active accounts on Shibarium hit a one-year high of over 26,000 SHIB’s RSI approaching oversold levels, suggesting potential buying opportunity [...] The post Shiba Inu (SHIB) Shows Strong Network Activity: Massive Burns, Whale Movements, and Shibarium Growth appeared first on Blockonomi.