The burn rate for Shiba Inu (SHIB) tokens has surged by 1436.03%, with over 18 million tokens burned in 24 hours.
The increased burn rate is expected to decrease the circulating supply of SHIB, potentially leading to higher demand and a price surge.
Technical indicators signal bullish momentum for SHIB, with potential resistance levels at $0.00001813 and $0.00001900, and support levels at $0.00001715 and $0.00001650.
The Shiba Inu development team hints at a potential 1000% surge in the next 2-3 days, possibly driven by upcoming developments or announcements.