Price $SHIB

At risk of collapse by 50% despite burning 12 million $SHIB - Here’s why

The Shiba Inu coin (#SHİB ) has seen a gradual decline over the past month, losing more than 24% of its value during this period. The price of $SHIB is trading at $0.0000113 today, June 21, but technical analysis suggests the possibility of another decline by 50%. Furthermore, the recent surge in consumption rate #شيبا_إينو by 7200% within 24 hours has not significantly boosted investor confidence.