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Shiba Inu price recovery in sight as burn rate rockets 7,200%

Crypto News•Friday, September 26, 2025 at 7:19:54 PM
PositiveCryptocurrency
Shiba Inu price recovery in sight as burn rate rockets 7,200%
Shiba Inu's price is showing signs of recovery after hitting a crucial support level, thanks to a staggering 7,200% increase in its burn rate and significant whale buying activity. This surge in demand, coupled with declining exchange reserves, suggests that the SHIB token, which recently traded at its lowest point of $0.00001180, may be on the verge of a rebound. This is important for investors as it indicates a potential turnaround in market sentiment and could lead to increased interest in the cryptocurrency.
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