Shiba Inu’s Price Rally Cools: Falling Burn Rate and Volume Signals Weakening Sentiment

The price of Shiba Inu (SHIB) has cooled down as trading volume, futures open interest, and its burn rate continue to decline. Following a surge fueled by recent hype, SHIB’s price has now dropped to $0.000015 from a peak of $0.00001750 this week. 📊 This dip signifies that the momentum behind the memecoin has waned, with its trading volume dropping significantly.