June 13, 2025

Shiba Inu (SHIB) Emerges as Most Bullish Large Cap Cryptocurrency Amidst Rising Burn Rate

1 min read

The recent analytical data indicates a bullish outlook for Dogecoin and Shiba Inu based on the MVRV ratio, according to on-chain data company Santiment. The lower the MVRV ratio, the higher the probability of a short-term price rally, extending this outlook to other major cryptocurrencies like Bitcoin and several altcoins. Key details point to DOGE

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Source: CoinOtag

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