Shiba Inu's burn rate has surged by an astonishing 1,306% overnight, with over 30 million SHIB tokens removed from circulation in a single day. This aggressive burn strategy, which has already eliminated more than 410.7 trillion SHIB, aims to reduce supply and potentially drive up the token's value. Analysts suggest that if this momentum continues, SHIB could see significant price appreciation, with short-term targets ranging from $0.00002 to $0.00003 and a mid-term outlook of $0.00005 to $0.00007. Some projections even anticipate a potential rally to $0.000081. However, given the volatility of meme coins, investors should closely monitor burn metrics, market sentiment, and price action before making any trading decisions.

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