<ul><li>Shiba Inu (SHIB) has surged 16% this week with trading volume up 228%.</li><li>SHIB burn rate soared by an astonishing 8,400% due to an anonymous wallet destroying tokens.</li><li>Technical indicators show strong bullish momentum with RSI at 61.</li><li>Analysts predict potential 2x gains with price targets between $0.0000134 and $0.0000297 by end of March.</li><li>SHIB futures open interest increased 30% to over $166.74 million, signaling strong trader demand.</li><li>SHIB is trading at $0.00001553 with increased trading volume, indicating growing interest.</li><li>The massive 8,400% increase in burn rate has positively impacted SHIB's price.</li><li>Positive technical indicators include RSI at 61 and a bullish MACD crossover.</li><li>SHIB's potential price targets include $0.000016, $0.000019, and $0.00002606.</li><li>Market analysts foresee SHIB trading between $0.0000134 and $0.0000297 by the end of March.</li></ul>

Shiba Inu (SHIB) Price: 16% Weekly Gain as Burn Rate Soars 8,400%

Discover more