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Reading: $300 Million Trading Volume Improves SHIB Price
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Live Trading News > Blog > Crypto > Shiba Inu > $300 Million Trading Volume Improves SHIB Price
2023

$300 Million Trading Volume Improves SHIB Price

Ivy Heffernan
Last updated: February 12, 2023 2:42 pm
Ivy Heffernan
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Shiba Inu has a market cap of more than $6 billion and it’s price has increase over 20,000% in the past year. Shiba Inu’s burn rate has increased to 1000%, this could indicate it’s comeback. Why this burn rate matters? In the cryptocurrency market, rising burn rates generally signal increased demand and greater investor interest. The burn rate is a reflection of a token’s overall activity.

Price Update:

Current price is $0.000013. 24-hour trading volume of $277 million. 24 hours increase close to 2%. #13 ranking on CoinMarketCap. Current market cap of $7 billion.

To speak to a professional on Crpyocurrency, contact KXCO.IO.

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By Ivy Heffernan
Executive Assistant for KXCO. 4+ years in rigorous marketing positions. Experienced writer, and part time digital designer. Thorough experience in web design and SEO. Early crypto investor and enthusiast. Entrepreneurial mindset with a degree in Business Economics
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