🔴$SHIB Rise is Near as Burn rate Increase to 7300% 🔴
Shiba Inu (SHIB) saw a 7334.38% increase in its burn rate, with 2.37 million coins destroyed, reducing the total supply to 589.27 trillion SHIB. Despite this, SHIB’s price dipped by 3.04% to $0.00001673.
The price has been fluctuating within a falling wedge pattern, suggesting a potential price pump. Futures open interest rose by 0.81% to $41.56 million, and derivatives volume spiked by 42.52% to $68.79 million. Analysts predict a positive outlook with a potential price target of $0.0000377 in August.
