Shiba Inu (SHIB) has experienced a gradual decline over the last month, losing more than 24% of its value during this period.
The price of Shiba Inu is trading at $0.00001136 today, June 21, but technical data suggest that another 50% drop could be imminent.
Additionally, a recent increase of 7,200% in the SHIB burn rate in 24 hours has not significantly contributed to boosting investor confidence.
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