Shiba Inu (SHIB) Price Overview

The Shiba Inu (SHIB) price remains steady above $0.000012 despite recent market fluctuations. The token has experienced a downward trend, breaking several resistance levels.

Signs of Rebound

However, SHIB is now showing signs of a rebound on the daily chart.

Surge in Burn Rate

Meanwhile, the burn rate has surged by 1005%, raising speculation about potential price movements. Market participants are closely monitoring whether SHIB can maintain its current momentum amid broader crypto market shifts.