The Shiba Inu($SHIB) meme coin has climbed past a key resistance level amid a more than 370% surge in burn rate. At the moment, $SHIBis trading at $0.000006, demonstrating a moderate rally on the daily charts after breaking the current resistance zone.
370% spike in Shiba Inu burn rate
As revealedby Shibburn data, the Shiba Inu burn rate surged more than 370% over the past 24 hours. Within this period, 4,274,728 $SHIBwere permanen