$SHIB Shiba Inu ($SHIB ) is currently trading at $0.00001588 as of May 10, 2025, representing a daily increase of 0.06 percent. Since the influx of capital from major investors surged nearly 3,000% on May 7, this token has seen a significant rise in whale activity, a sign of increased interest from large investors in making investments. Additionally, in an effort to reduce supply and enhance the token's value, the $SHIB burn rate has increased, burning over 67 million tokens in just one week. Due to the potential reactions they may have to changes in supportive prices, analysts are closely monitoring the situation.