Shiba Inu's Burn Rate Jumps 12% Amidst Weekly Price Increase

Shiba Inu's Burn Rate Jumps 12% Amidst Weekly Price Increase

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Shiba Inu (SHIB) has seen its burn rate surge by 12%, a move generally considered positive for scarcity. Additionally, the cryptocurrency's weekly price has increased by 9%, indicating a short-term positive trend despite the headline's broader cautionary note about overall price direction.

Shiba Inu has seen a positive jump in burn rate as its weekly price is up 9%.