Shiba Inu (SHIB) has seen a resurgence recently after struggling for months. This newfound momentum is largely fueled by a dramatic increase in its burning mechanism’s activity, and experts believe it could indicate a price surge. Several positive indicators point towards this possibility, including the revival of Shibarium and the reduction in SHIB tokens on exchanges. The Shiba Inu team has been diligently implementing this burn program since 2022, with almost 30 million coins incinerated within the past 24 hours alone, marking an astonishing 88,250% increase compared to yesterday’s figures. This targeted burning aims to decrease the total supply of SHIB tokens, potentially making them more scarce and valuable if demand continues to remain stable or even increases.