Shiba Inu, a meme-based cryptocurrency, has seen its price soar significantly this month, largely due to prevailing market optimism. This surge comes amidst Bitcoin's remarkable increase to the $100,000 mark, which has ignited interest across the crypto market.
Remarkably, Shiba Inu has surpassed a crucial price level, even in the face of an 84% decrease in the SHIB burn rate. This reflects the resilience and strong community backing for the token.
Over the past year, Shiba Inu's price has escalated by an impressive 260%. This growth underscores the continuous support and bullish sentiment among its community.
