The Shiba Inu (SHIB) cryptocurrency has experienced market volatility over the past 24 hours, first falling 6.4% before recovering 3%.

SHIB trading volume has increased by 140% in the last 24 hours.

However, the burn rate remains in negative territory, down 0.49% over the past day.

Overall, the meme coin sector has recovered from yesterday's volatility, up 4.8% over the past 24 hours.