Shiba Inu Coin (SHIB) has seen a noteworthy increase in its burn rate, which has contributed to a rising price trend. Investors have observed a 5% increase in SHIB's price, signifying a bullish momentum in the market.
The surge in token burn rate means that more SHIB coins are being permanently removed from circulation, potentially leading to a decreased supply and increased value.
This significant activity around the Shiba Inu Coin is capturing the interest of investors and crypto enthusiasts alike.
