Shiba Inu Soars 4%, Breaking Resistance as Burn Rate Skyrockets

Shiba Inu’s price experienced a significant surge, climbing 4.1% over the past 24 hours. This upward movement is largely attributed to a substantial increase in its token burn rate, which jumped by 790%. The price briefly surged during early trading sessions, hinting at growing investor interest and renewed optimism within the market. A tight price range between $0.00000871 and $0.00000872 suggests strong market activity and potential for further price shifts.