Shiba Inu (SHIB) is trading near $0.0000082, showing signs of recovery after a recent decline. The cryptocurrency's burn rate has surged over 1000% in recent days, with more than 15 million tokens burned in the last 24 hours. Analysts highlight that SHIB is maintaining key support levels between $0.0000075 and $0.0000080, indicating potential for a cautious rebound.
Meanwhile, AlphaPepe (ALPE), a meme coin on the BNB Chain, is gaining momentum. With over 3,700 wallets holding ALPE tokens and a structured price increase model during its presale, traders are increasingly shifting capital to AlphaPepe, viewing it as a promising early-stage investment as SHIB stabilizes.
SHIB Stabilizes Near $0.0000082 Amid 1000% Burn Rate Surge
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