SHIB Price Vulnerable to Drop as Burn Rate Uncertainty Rises

Shiba Inu (SHIB) faces an uncertain future for its price, with growing concerns about a potential decline linked to fluctuating burn rate data. While some claims suggest an 103,222% increase in the burn rate, actual figures reveal a significantly smaller decrease of 63%. This discrepancy has sparked market speculation and contributed to reduced investor confidence, as evidenced by a 92% drop in whale inflows. Despite these uncertainties, SHIB’s price support remains around $0.000012-$0.000013. The project’s focus on deflationary strategies continues, but inconsistent data and lack of transparency from leadership are weighing heavily on market sentiment. This volatility could further impact related tokens like BONE and LEASH as well as the broader crypto landscape.