Shiba Inu (SHIB) has made a notable leap, increasing by over 22% over the weekend, reaching a multi-month high of $0.000033. 🚀 Although there has been a slight correction, SHIB remains above $0.00003 with a 15% increase in the past 24 hours.

- SHIB temporarily returned to the top 10 altcoins by market capitalization before dropping to the 11th position after Avalanche.

- This price surge is accompanied by a significant increase in the weekly SHIB burn rate, according to Shibburn.

- Predictions from the SHIB community suggest the potential to reach new highs, although still far from the historical peak of $0.000086.

This development demonstrates SHIB's potential in the volatile cryptocurrency market. 📈