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Shiba Inu Burn Rate Crashes 61%, Trading Volume Falls Below $400 Million, Why Are Bearish Indicators Piling Up?

  • Shiba Inu (SHIB) faces downside momentum as bearish indicators pile up.
  • SHIB's burn rate crashes 61% in the last 72 hours, while trading volume falls below $400 million.
  • The decline in burn rate and trading volume signals reduced investor interest and potential price declines.
  • Shiba Inu is currently showing strong bearish signals, with a drop in price and a majority of SHIB holders experiencing losses.

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