The Shiba Inu (SHIB) ecosystem is currently undergoing two significant developments. Firstly, a sharp decline in its burn rate by nearly 20%, indicating reduced token scarcity.
Secondly, despite this decline, market analysts predict a potential price breakout for SHIB. Technical analysis suggests that SHIB could overcome current resistance levels and reach $0.000015.
This potential breakout underscores investor interest and could significantly impact the sentiment around SHIB.
Source: www.thecoinrepublic.com ↗
