'Dogecoin Killer' Shiba Inu Up 39% Over The Past 30 Days But That 'Will Accelerate,' Says Bullish Trader

Shiba Inu's (CRYPTO: SHIB) prices have spiked over the past month as burn rates continue to rise and significant developments increase bullish sentiment in the community.

What Happened: Shiba Inu's burn rate has increased by 544.6% with around 5.2 million SHIB coins burned in the past 24 hours, according to Shibburn data. SHIB is up by 2% over the past 24 hours.

Trader Crypto Sheriff thinks the meme coin "will accelerate in these weeks" after he predicted a bullish performance for SHIB in “Uptober.”

Full story available on Benzinga.com