Attention crypto community! 🚀
Shiba Inu (SHIB) is up 5% over the past week and an impressive 30% over the past month. This increase could be driven by the market recovery and an 8,000% increase in the token burn rate.
🔹 SHIB is trading around $0.0000183.
🔹 Token burns reduce the circulating supply, potentially increasing its value.
🔹 Outflows of SHIB from exchanges are outpacing inflows, signaling a possible uptrend.
Do you think SHIB will continue to rise? Let us know your thoughts in the comments!