Shiba Inu’s burn rate skyrocketed by 60,000% in a single day, with over 1.01 billion SHIB removed from circulation. The surge comes amid growing anticipation of a major partnership announcement teased by lead SHIB developer Shytoshi Kusama.

SHIB holds above key Fibonacci support Potential wave (i)-(ii) setup for bullish continuation Breakout above 0.5 Fib level confirms a reversal Shiba Inu (SHIB) navigates

About a billion Shiba Inu (CRYPTO: SHIB) tokens were removed from circulation on Thursday, applying further deflationary pressure on the popular dog-themed cryptocurrency.

Shiba Inu shows mixed market signals with a recent 2.7% price increase amid bearish technical indicators, while long-term growth plans focus on token burns, Shibarium adoption, and ecosystem development.

Many investors who own Shiba Inu are alarmed by forecasts that predict a sharp decline in the token’s value. At around $0.000020, Shiba Inu (SHIB) has already dropped 5% from last week, raising new concerns about meme coin volatility.

SHIB witnessed a dramatic surge in its burn rate, climbing over 600% and signaling a renewed wave of optimism for the meme token.

Shiba Inu's burn rate surged 856% with 6.27 million tokens destroyed, yet prices declined 10% to $0.00001796 amid broader market pressure ahead of the FOMC meeting.

In the relentless race for dominance in the crypto arena, Citibank analysts unveil a game-changing AI token with the power to outpace Shiba Inu (SHIB). This visionary AI token is projected to achieve a staggering 30,