<ul><li>Shiba Inu's burn rate soared by 6,223%, burning 281,875 SHIB in 24 hours, reducing the circulating supply to 583 trillion tokens.</li><li>SHIB's price has jumped 4.98% in the last 24 hours, trading at $0.000025. It has seen a monthly increase of 31% and a year-to-date increase of 144%.</li><li>The higher burn rate and the market recovery could lead to price increases for Shiba Inu.</li><li>61% of Shiba Inu holders are in profit, indicating strong interest, but whales controlling 73% of SHIB adds to the risk of large sell-offs.</li></ul>

Shiba Inu Burn Rate Soars: Could SHIB Hit a New High in the Bull Market?

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