In what unfolds as an optimistic event within the cryptocurrency realm, Shiba Inu, the self-proclaimed Dogecoin killer, noted a remarkable surge in its burn rate today, fueling optimism among traders and investors across the global crypto industry. Burn insights unveiled by the meme coin’s tracker revealed a staggering 1055% upswing in SHIB’s burn rate, contrasting to the token’s today’s price action.

在加密货币领域发生的一件乐观事件中，自称为狗狗币杀手的柴犬指出，今天其烧钱率显着飙升，激发了全球加密行业交易者和投资者的乐观情绪。 Meme 币追踪器公布的销毁洞察显示，SHIB 的销毁率惊人地上升了 1055%，与该代币今天的价格走势形成鲜明对比。

Following the token’s topping of $0.00003 again yesterday, today’s fall painted an enigmatic scenario for SHIB’s price action ahead despite the colossal surge in burn rate. Crypto market enthusiasts appear to be extensively eyeing the dog-based meme token, hoping the community’s burning endeavors and recent developments will cushion SHIB’s market dynamics amid the much-awaited ongoing crypto market bull run.

继昨天该代币再次突破 0.00003 美元之后，尽管销毁率大幅飙升，但今天的下跌为 SHIB 未来的价格走势描绘了一个神秘的场景。加密货币市场爱好者似乎广泛关注基于狗的 meme 代币，希望社区的努力和最近的发展能够在期待已久的持续加密市场牛市中缓冲 SHIB 的市场动态。

Meanwhile, today’s fall also mirrored the broader market downtrend, as major crypto prices, such as BTC and ETH, tumbled. However, the meme coin’s most prominent rival, Dogecoin, jotted remarkable gains today, defying the broader market trend.

与此同时，今天的下跌也反映了更广泛的市场下跌趋势，因为比特币和以太坊等主要加密货币价格暴跌。然而，模因币最显着的竞争对手狗狗币今天却取得了显着的涨幅，违背了大盘的趋势。

Shiba Inu Burn Stirs Speculations

According to the burn insights revealed by Shibburn, aligning with the 1055% surge in the SHIB burn rate, the meme coin’s community registered the incineration of a whopping 50.90 million coins in the past 24 hours. With this massive amount weighing in, Shiba Inu’s supply again took a blow, declining substantially.

Shiba Inu 烧毁引发猜测根据 Shibburn 透露的烧毁见解，与 SHIB 烧毁率飙升 1055% 相一致，Meme 币社区在过去 24 小时内焚烧了高达 5090 万枚代币。由于数量如此巨大，柴犬的供应量再次受到打击，大幅下降。

This sparked immense investor optimism as usual market sentiments ride the law of demand and supply, hinting at bolstered prices with a fall in supply. However, Shiba Inu’s price action today conflicted with the optimism birthed by the SHIB burn upswing.

这引发了投资者的巨大乐观情绪，因为市场情绪通常受供求规律影响，暗示着供应下降而价格上涨。然而，柴犬今天的价格走势与 SHIB 销毁上升带来的乐观情绪相冲突。

Although the token traded as high as $0.00003147 in the past 24 hours, per CoinMarketcap’s data, its movement as of press time hovered around $0.000030, adding a dash of bearishness despite the burn upsurge. Besides, market dynamics for the token further sketched a speculative portrait.

尽管该代币在过去 24 小时内的交易价格高达 0.00003147 美元，但根据 CoinMarketcap 的数据，截至发稿时其走势徘徊在 0.000030 美元左右，尽管销毁热潮增加了一些看跌情绪。此外，该代币的市场动态进一步描绘了投机的景象。

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Shiba Inu Price Dips

As of writing, the Shiba Inu coin’s price noted a 2.15% drop in the past 24 hours and is currently trading at $0.00003035. Contrary to the burn upswing, this drop appears to be riding a wave of on-chain bearish sentiments showcased by traders and investors.

柴犬价格下跌截至撰写本文时，柴犬币的价格在过去 24 小时内下跌了 2.15%，目前交易价格为 0.00003035 美元。与烧钱的上升相反，这种下跌似乎是由于交易员和投资者表现出的链上看跌情绪所致。

Coinglass data hinted at an 8.23% drop in the token’s open interest, whereas volume in derivatives fell 26.87%. This signaled a reduction in market activity and investor interest in the asset. Further coupled with today’s price decline, it hinted that the selling pressure currently overrides the buying pressure in the market, mirroring the downtrend in price.

Coinglass 数据显示，该代币的未平仓合约下降了 8.23%，而衍生品交易量下降了 26.87%。这标志着市场活动和投资者对该资产的兴趣减少。再加上今天的价格下跌，表明目前市场的抛售压力超过了买盘压力，反映了价格的下跌趋势。

However, the RSI, hovering at 59, illustrated that the asset has yet not entered an oversold territory, potentially indicating that prices may rebound or stabilize moving ahead. With the Shiba crypto community’s recent continuous burning, escorted by Shiba Inu’s recent developmental endeavors, a bolstered effect on price may occur shortly ahead.

然而，RSI 徘徊在 59，表明该资产尚未进入超卖区域，这可能表明价格可能会反弹或企稳。随着柴犬加密货币社区最近的持续燃烧，在柴犬最近的发展努力的护航下，价格可能会在不久的将来受到提振。

Meanwhile, a recent analysis by CoinGape Media spotlighted that if history were to repeat itself, the Shiba Inu’s price could bounce off the rising support, eyeing a 16% rally to reach the $0.0000345 resistance and subsequently target $0.000038.

与此同时，CoinGape Media 最近的一项分析强调，如果历史重演，柴犬的价格可能会从上升支撑位反弹，预计上涨 16%，达到 0.0000345 美元的阻力位，随后目标为 0.000038 美元。

Also Read: Crypto Prices Today March 28: Bitcoin At $69K, ETH, XRP, SOL Dip As Mantle Rallies

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