Shiba Inu Coin Burns Ignite Hope Amidst Price Drop

Shiba Inu (SHIB) has seen a surge in its burning activities, with approximately 34 million coins burned in the last 24 hours, according to Shibburn data. This action has reignited investor interest and hope that reduced supply could positively impact prices. However, market reactions remain uncertain, and investors are approaching the situation cautiously.