Shiba Inu's recent developments include significant updates from Kraken and increasing burn rates. These changes have contributed to a wedge price pattern on the charts, indicating potential price movements.
The rising burn rates could influence SHIB's value by reducing supply, while Kraken's update could drive higher demand for the cryptocurrency.
As these factors converge, investors are keenly observing to gauge how high SHIB's price can go in the near future.
