Shiba Inu Burn Rate Rockets 3200%; Is SHIB Price Poised For 50% Rally?

Shiba Inu burn rate again witnessed a 3200% upsurge on Saturday, sparking market optimism despite the broader market volatility. Recent burn metrics indicated that roughly 30 million coins were removed from the crypto’s circulating supply. In response, traders and investors eye a bullish outlook for the meme coin, with market sentiments further uplifted as a top market analyst revealed over 50% gains for SHIB price looms.