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Reading: Shiba Inu’s Burn Rate Dives: Is Your Investment in Danger?
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Shiba Inu’s Burn Rate Dives: Is Your Investment in Danger?

Crypto
Last updated: July 9, 2025 1:17 pm
Crypto
Published July 9, 2025
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Shiba Inu’s Burn Rate Dives: Is Your Investment in Danger?

Shiba Inu Faces Challenges Amidst Flat Performance

Shiba Inu (SHIB) has seen a stagnant price this month, with it’s chart showing unclear signals. On June 9, SHIB was valued at $0.00001200, slightly above its yearly low.

Several factors are contributing to its lackluster performance. The daily trading volume is a key concern. At $140 million, it’s much lower than other popular meme coins like Pepe (PEPE)

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