Shiba Inu (SHIB) is currently showing signs of a potential bullish breakout. This optimism comes in spite of recent price declines. Key factors contributing to this positive outlook include a significant increase in the burn rate, which has spiked by 7,334%, and rising market adoption rates. These developments suggest that SHIB could potentially see its price double in the near future. The combination of increased market participation and a heightened burn rate is creating a favorable environment for SHIB's growth.
