Bitcoin Updates: Rising Privacy Concerns Propel Monero Ahead of Shiba Inu in Market Trends
- Monero (XMR) surpasses Shiba Inu (SHIB) in market cap as privacy demand drives 8.22% price rise to $331.52. - Shiba Inu emphasizes long-term utility amid phishing threats and 1,224.3% 24-hour token burn surge to reduce supply. - Institutional crypto ETF filings and Bitcoin's $160k 2025 forecast highlight evolving market dynamics and regulatory challenges. - SHIB faces 10% whale selling in 30 days while burn metrics volatility underscores broader crypto market fragmentation.
The
Monero recently climbed 8.22% to $331.52,
At the same time, Shiba Inu is dealing with its own set of issues. The project
Despite these threats, Shiba Inu’s token burn activity has soared, helping to offset market instability. According to Shibburn, there was a
The larger crypto landscape is also undergoing changes. Established asset managers are entering the sector, with
Bitcoin’s performance continues to capture attention, with some analysts predicting that
For Shiba Inu, future progress will depend on balancing community-led strategies with broader economic challenges. While increased burn rates and upgrades such as Shibarium’s plasma bridge are designed to support value, the project still faces issues like large holders selling and stagnant total value locked (TVL). In the past month, savvy investors have
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