The burn rate of Shiba Inu (SHIB) has increased by over 1000%, with 6.54 million tokens removed from circulation.
Analysts predict that SHIB could see a price rally and potentially remove another zero once it reaches the $0.00003747 price level.
SHIB's burn rate improvement and increased network activities have sparked bullish sentiment and technical indicators suggest a positive outlook.
SHIB's price analysis indicates a potential surge of 351% to reach the $0.000081 resistance level, with analysts anticipating a breach of the $0.0002479 level.