Shiba Inu (SHIB) is experiencing a strong start to the week as key performance indicators highlight a positive trend.
The cryptocurrency's burn rate has surged remarkably by 544.55%, resulting in 5,166,319 SHIB being withdrawn from circulation and placed into dead wallets.
Historically, increases in Shiba Inu's burn rate have been associated with a rise in prices, marking a promising shift in market sentiment for the token.
