With the recent data from Shibburn showing the burn of 7.8M SHIBs, SHIB might rally toward the $0.000020 range before testing $0.00030 level. For context, SHIB burns are a strategy to manipulate value by making tokens scarce. Since launch, 41% of the total SHIB supply has been burned from the original 999 billion.

A major factor driving SHIB’s potential rally is its burn rate, which has skyrocketed over 14,000% in the past 24 hours. This increase is largely due to the growing use of the Shibarium network, which is reducing SHIB’s overall supply, potentially boosting its value.

Shiba Inu price has been consolidating for most of the last months following the August 5 crash. There was a price outburst around August 20, but it was

The Shiba Inu (SHIB) burn rate has soared by nearly 440% in the past 24 hours while the SHIB price gained over 2% after a month of stagnancy.

Shiba Inus burn rate soared over 340% in the past 24 hours, leading to a 2% price uptick to $0.00001350. Meanwhile, Shibarium is close to hitting 420 million transactions, signaling robust growth in the

Shiba Inu, the popular dog-themed cryptocurrency, has recently experienced a significant drop in whale net flows, plummeting by over 30,000%. According to data from IntoTheBlock, the meme token’s whale net flows—often used to track large investor activity—have declined by 30,