Will Shiba Inu price rebound as burn rate surges and exchange reserves dip?
NeutralCryptocurrency

The current situation for Shiba Inu (SHIB) reflects a complex interplay of market dynamics. While the price remains under pressure, the rising burn rate and declining exchange reserves suggest potential for a rebound. Additionally, Shiba Inu's recent entry into a $2 trillion market through a partnership in the telecommunications sector could reshape its future trajectory. This expansion aligns with the broader trends in the cryptocurrency space, where meme coins like SHIB are increasingly exploring new avenues for growth, despite external market pressures.
— via World Pulse Now AI Editorial System





