Dogecoin's Quiet Comeback and Shiba Inu's Burning Trend
Thu Oct 30 2025
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Dogecoin and Shiba Inu are making waves in the cryptocurrency world, but not in the ways you might expect. While Dogecoin is down, it's showing signs of strength that could lead to a comeback. Shiba Inu, on the other hand, is seeing a massive increase in its burn rate, which could be a good sign for its future value.
Dogecoin has been on a downtrend for the past 3. 5 years, but it broke that trend in November 2024. Since then, it has retested its strength twice, once in June 2025 and again during a crypto crash in October 2025. This could mean that Dogecoin is ready to break out of its current range and start a new upward trend.
Shiba Inu is also making news. The burn rate for SHIB tokens surged by 2, 381% in a single day, removing 4. 7 million tokens from circulation. This is a big deal because it means there are fewer tokens available, which could drive up the price in the future.
The crypto community is also buzzing with news that T. Rowe Price, a global asset management firm, has filed with the SEC for an actively managed crypto ETF that includes both Dogecoin and Shiba Inu. Experts like Eric Balchunas and Nate Geraci are predicting high demand for this ETF, which could be a game-changer for both cryptocurrencies.
On the mining front, KuCoin has launched KuPool, a mining service that supports Dogecoin, Litecoin, Pepe, and eventually Bitcoin. This is a big step for KuCoin, as it integrates mining within its existing exchange ecosystem.
So, what does all this mean? It means that while Dogecoin is down, it's not out. And Shiba Inu's burning trend could be a sign of good things to come. The crypto world is always full of surprises, and these two coins are definitely making their mark.
https://localnews.ai/article/dogecoins-quiet-comeback-and-shiba-inus-burning-trend-924c43fc
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