<ul><li>Shiba Inu's burn rate saw a massive spike of 1155.95% as an anonymous investor sent over 14 million SHIB to a dead wallet, increasing its weekly burn rate.</li><li>SHIB experienced a 6.21% price increase, attempting to break a sideways trading pattern but later reverting back to its downward trend.</li><li>Shiba Inu announced a major partnership with the United Arab Emirates' Ministry of Energy and Infrastructure (MoEI), aiming to leverage Shiba Inu's Web3 products to enhance government services with blockchain technology.</li></ul>

SHIB’s Burn Rate Price Surge Amid UAE Deal

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