The Shiba Inu coin has sparked investor enthusiasm with a significant increase in its burn rate and a notable price uptick. This week, the price of SHIB began to rise significantly, attributed to the burning of hundreds of millions of SHIB tokens.
This trend has instilled hope among investors, suggesting a potential price target of $0.0000369. The consistent burn rate has become a focal point for projecting future SHIB valuations.
The ongoing burn strategy and positive price movements highlight the community's dedication to increasing the coin's value, further boosting investor sentiment and aiming for higher price milestones.
