The Shiba Inu cryptocurrency (SHIB) has experienced a rebound, nearing a price of $0.00003. Holders of the token are currently showing an 8% gain within the last 24 hours. Technical analysis predicts a possible upward trend continuation, with one analyst projecting a price rise to $0.000081. In the past 24 hours, the burn rate has significantly decreased, with around 3 million coins burnt.
However, on-chain metrics suggest that whales are not participating in the market at current price levels.
Source
<p>The post Shiba Inu Price Analysis: Token Recovers to $0.00003; 69% Holders Profitable, Whales Bearish first appeared on CoinBuzzFeed.</p>
