Shiba Inu (SHIB) experienced a remarkable 28% price surge following a period of market correction. This upward trend was attributed to the burn of $2.9 million worth of SHIB tokens, indicating increased activity and interest within the market. The token burn effectively reduced the supply of SHIB, enhancing its perceived value among investors. The surge is a reflection of the bullish sentiment and active engagement observed over the last 24 hours. The SHIB community's involvement in token burning shows their commitment to the project's success and longevity.
