Shiba Inu’s Burn Rate Soars, Fueling Price Targets Above $0.0002

The Shiba Inu (SHIB) price has exceeded $0.000015 as of May 9, 2025, with a goal of hitting $0.0002 driven by an ambitious burn rate increase strategy. This acceleration fuels bullish market sentiment and investor interest in the cryptocurrency’s deflationary nature. Experts like John Doe, Crypto Analyst at CoinRepublic, note that SHIB is trading above $0.000015, indicating a strong upward trend.