DEXTools made a significant announcement by introducing support for ShibaSwap, allowing users to access Decentralized Finance (DeFi) analytics for Shiba Inu (SHIB) crypto, potentially boosting its momentum. Despite a surge of almost 2,835.47% in the token’s burn rate, its value has remained stagnant.
This has led many to question the possibility of a recovery, with some turning to Rollblock (RBLK) due to its innovative revenue-sharing model, which experts believe could lead to a 100x price increase. Today, we will delve into both projects to explore their potential for growth and determine which crypto offers a promising investment opportunity for diversification.
Shiba Inu Crypto Faces Decline Despite Burn Rate Spike of 2,835.47%
Shiba Inu (SHIB) has experienced a substantial increase in its burn rate, resulting in the removal of 7,912,388 SHIB tokens from circulation, potentially increasing scarcity and driving up the value. However, the price of Shiba Inu has dropped by 16% in the