Shiba Inu, the popular meme coin, has captured the attention of investors with an impressive increase in its burn rate, which has skyrocketed by 3,674%. This surge in burning suggests a potentially bullish future for SHIB's price movements.
Currently trading in an optimistic market, the significant rise in burn rate reflects positive sentiments about SHIB, leading to speculation on whether it could reach a $2 value.
Such developments have stirred interest and debate in the cryptocurrency community, focusing on Shiba Inu's potential as a more viable investment.
