The cryptocurrency market opened weak on Wednesday morning, with Bitcoin and smaller coins seeing a downward spiral. At press time, Bitcoin was down 1.4% while Ethereum was off 2.36%. The pessimism was also reflected in meme coin Shiba Inu’s price, which slid nearly 2.5% over the last 24 hours. The price dip came as a The post SHIB Burn Rate Spikes 310%, Can It Spur Price Rally? appeared first on CoinGape .
