Shiba Inu Burn Rockets 1500%, Can SHIB Price Rally To $0.000081?
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Shiba Inu's burn rate surged by over 1500%, removing approximately 13 million coins from circulation. This significant reduction in supply has sparked investor optimism, potentially influencing SHIB's price movement.
March 18, 2025 | 11:30 am
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Shiba Inu's burn rate increased by 1500%, removing 13 million coins from circulation. This reduction in supply could lead to a price increase for SHIB.
The significant increase in Shiba Inu's burn rate reduces the circulating supply, which can create upward pressure on the price due to scarcity. This has led to increased investor optimism, suggesting a potential short-term price rally.
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