Shiba Inu, a popular cryptocurrency, has experienced a significant increase in its burn rate, which has positively influenced its market price. This development has drawn considerable attention within the crypto community.
The rising burn rate indicates increasing demand or attempts to reduce the token's supply, contributing to the overall confidence in the token's future prospects.
Investor interest is reflected in the growing futures open interest, signaling confidence in Shiba Inu's potential value appreciation.
