The Shiba Inu community is buzzing with excitement following a remarkable surge in the coin's burn rate. SHIB’s burn rate has increased by 200%, a significant milestone indicating a reduction in the circulating supply of the coin.
Despite this optimism, SHIB’s price has experienced a decline. This price drop aligns with broader market trends, suggesting that the entire cryptocurrency market might be facing challenges.
The disparity between the burn rate and price action raises questions about SHIB's future performance and market influence.
