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Shiba Inu Burn Rate Surges 1,567% Despite Weak Price Action

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SHIB
$0.00000745-0.22%
Shiba Inu (SHIB) saw a 1,567% rise in burn rate over the weekend, with 1.1578 million tokens burned in one day. Despite the sharp increase, SHIB's crypto price remains at $0.00000825, down on both daily and weekly charts. Price analysis shows little movement amid weak market sentiment. Institutional moves like Coinbase’s SHIB futures and T. Rowe Price’s ETF filing could offer future upside.
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