$SHIB
🚨 SHIB’s 6,500% Burn Rate Surge Sparks Market Interest 🚨
Shiba Inu (SHIB) recently made headlines after burning over 28 million coins in just 24 hours. This action marked a sharp 6,519% jump in its burn rate, stirring fresh excitement around the meme coin. While the current price hovers near $0.00001530, the supply reduction has prompted analysts to watch closely for a potential price shift.
If SHIB maintains support around $0.00001500 and pushes past $0.00001700, the next target could be $0.0000224. Although there hasn’t been an immediate price rally, this dramatic burn event has reignited discussions across crypto forums and social media.
Traders focused on short-term moves are closely tracking SHIB’s momentum. It remains a speculative option for those following high-volatility plays, especially as community engagement continues to drive deflationary moves and renewed attention toward SHIB’s on-chain activity.