Shiba Inu Price soars 78,273% – Burn Rate Explodes Amid Market Rally

The Shiba Inu cryptocurrency saw a significant price surge of over 4.5%, reaching its highest point in the past 24 hours at $0.00001398. This recent rally is attributed to market growth and renewed investor interest following positive developments within the crypto space. While Ethereum markets witnessed gains fueled by Fed rate expectations, altcoins like Shiba Inu experienced similar upward momentum, with trading volumes increasing significantly.