Shiba Inu Surged 27% as Burns Hit 365-Day High: What's Happening?
Shiba Inu (CRYPTO: SHIB) exploded 27% the previous week as token burns hit a one-year high—yet whales used the crowd’s excitement to quietly exit their positions, according to data by analytics firm Santiment. SHIB’s surge came alongside a broader crypto market recovery, with Bitcoin (CRYPTO: BTC) holding key technical levels and providing a tailwind for the broader space, according to LuckSide Crypto’s YouTube analysis.