Shiba Inu price sustains uptrend after 2 billion SHIB tokens burned across July🔥🔥
Shiba Inu (SHIB) price is trading with a bullish bias, sustaining the gains as the price consolidates along an uptrend line. The uptrend comes as the SHIB ecosystem continues to double down on exports to increase its value.
Shiba Inu price has managed to sustain along an uptrend line over the last month, steadily recording higher highs and higher lows.
The surge is attributed to the network's commitment to a burn mechanism, among other bullish fundamentals.
Nevertheless, while the process can create short-term price appreciation, it does not guarantee the long-term success of a project.
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