SHIB rises 1.9% on burns; traders eye utility alt with 5000% upside

SHIB rises 1.9% on burns; traders eye utility alt with 5000% upside [https://invezz.com/wp-content/uploads/2025/08/31.9.png] While SHIB saw a modest 1.9% uptick thanks to token burns, discerning traders are turning toward Mutuum Finance (MUTM), a DeFi protocol engineered to generate consistent, organic demand. Unlike SHIB, which relies on sporadic burns to influence crypto prices today, Mutuum Finance (MUTM) is built around utility. Its lending and borrowing systems form the backbone of token velocity, creating predictable buy pressure through platform revenue and mtToken staking. Every transaction in the P2C pools or P2P lanes will contribute to continuous demand, distinguishing MUTM as a high-conviction alternative for crypto investment. SHIBA INU (SHIB) ROSE 1.9% Shiba Inu (SHIB) rose 1.9% over the past week, reaching ~$0.00001330 as of August 28, 2025, with a 24-hour trading volume of $224.6 million. The uptick follows a 637.92% spike in token burn rate, with 101.62 million SHIB removed from circulation, reducing supply to 589.25 trillion. Shibarium’s 40% fee cut boosted daily transactions to 5 million, fueling optimism. Technical indicators show SHIB testing $0.0000133 resistance, with RSI at 50 and support…