The SHIB burn rate has rocketed 320% recently, sparking optimism in the crypto market. This development has fueled speculations about its possible impact on Shiba Inu’s price, with many expecting a potential rally soon.
Additionally, the growing interest in meme coins has strengthened the belief that Shiba Inu might see a price increase in the coming days. Investors are watching closely, hoping the burn rate will translate into a significant market movement for SHIB.