Shiba Inu Price Overview

Shiba Inu’s price maintains a bullish outlook among traders and investors, even amid broader market volatility. The ongoing burn events continue to reduce supply, further supporting positive sentiments.

Recent Burn Metrics

Recent burn metrics revealed that approximately 128 million SHIB tokens were burnt in the last week. This decrease in supply contributes to the overall market sentiment surrounding Shiba Inu.

Future Outlook

Market sentiments regarding Shiba Inu’s future remain optimistic, with technical indicators suggesting a potential 300% breakout on the horizon.