Shiba Inu Burn Rate Soars 1100%; SHIB to $0.00002 Soon?
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Shiba Inu, the leading dog-themed meme coin, saw its price drop by more than 1% today, mirroring a dip in the broader crypto market. Other meme coins, including Dogecoin and PEPE Coins, also experienced declines. Despite this, optimism for Shiba Inu remains strong.
The burn rate for Shiba Inu has surged nearly 1100%, boosting market sentiment. Additionally, various market trends and recent developments suggest that Shiba Inu could rise to $0.00002 in July.
The recent downturn in Shiba Inu’s price mirrors a broader crypto market slump, with the meme coin sector seeing similar dips. Major tokens like Dogecoin and PEPE Coin also experienced declines.
