Global #SHIB investors

On Wednesday, Shiba Inu (SHIB) saw a minor decline of 0.1% following a pivotal loss of a key accumulation zone. Despite this, on-chain and technical indicators suggest that the meme coin might experience a brief rally if certain conditions are met.

Shiba Inu (SHIB), the popular dog-themed meme coin, is wagging its tail after a massive surge in its token burn rate. Over the past 24 hours, the burn rate has skyrocketed by 530%, significantly reducing the circulating supply of SHIB tokens.