Shiba Inu (SHIB) Burn Rate at Massive 613% Rise Following 20% Price Surge

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Shiba Inu (SHIB) Burn Rate at Massive 613% Rise Following 20% Price Surge
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Market is not reversing, and $SHIB price performance proves it

At press time, SHIB is still successfully moving upward, with no signs of a reversal occuring on the market yet. The main reason behind such an unexpected move upward is most likely tied to a series of updates around Shibarium and listings on numerous large cryptocurrency exchanges.

From a technical perspective, Shiba Inu has also been showing the possibility of a breakout as it has been consolidating at the 200-day moving average for more than four days, which could have been an accumulation period ahead of the breakout we witnessed today. If the existing price momentum prevails on the market, we will most likely see the continued rising of the burning volume on the

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