Shiba Inu Burn Rate Soars by 48,244%, Aiming For $0.00002

Shiba Inu’s burn rate surged dramatically in the past 24 hours, jumping over 48,244% with over 87 million tokens removed from circulation. This surge comes as the token continues to hold above key support levels and targets a new all-time high around $0.00002. Experts are closely watching the price action for further clarity on the potential breakout. 4.69 million daily transactions have been recorded on the Shibarium network, showcasing robust activity. The increased burn rate, combined with this active development, has fueled anticipation of a significant price movement.