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Shiba Inu Market Value Rising
The Shiba Inu seems to be recovering its recent losses in the crypto market in terms of market cap.
According to data provided by the website, the leading cryptocurrency Shiba Inu has jumped from 19th to 16th place by market cap. SHIB's market cap is currently $4.63 billion, rising from $4.3 billion yesterday to $4.69 billion.
On Tuesday, Twitter boss Elon Musk unexpectedly mentioned the Shiba Inu in his tweet while mentioning the logos of the X app that Twitter is currently rebranding.
Also, in the last 24 hours, the Shiba Inu community has mined a total of 27,319,578 SHIB meme coins from the circulating supply, according to data provided by the Shibburn platform, which tracks SHIB burnings on Etherscan. This helped increase the burn rate by 156.41% compared to Tuesday's burn results
#ContentStar# #BountyCreator# #GateioBountyCreator# #NewsMessenger# #GateLive# #contentstar# #MyFancyCreator# #HotTopicDiscussion# #EasterEggHunt# #CryptoObservers#