Shiba Inu Burn Rate Skyrockets by 5569%, Igniting Hopes for SHIB Price Rebound

The Shiba Inu (SHIB) community witnesses a significant increase in the token burn rate, surging by 5569.31% over the past 24 hours. Market expert Ali Martinez identifies a potential buy signal on SHIB’s daily chart, suggesting a possible price reversal. Despite recent declines in SHIB’s price, the heightened burn rate has sparked optimism among investors.

Source: CoinOtag