Fresh initiatives from the Shiba Inu team has seen the token burn rate spike 4,200%. Is SHIB price heading for a decisive breakout toward $0.00002?

Shiba Inu (SHIB) price has maintained a positive price performance so far in February 2024. Fresh developments within the second-largest memecoin ecosystem has seen SHIB token burn rate record a noticeable spike on Thursday Feb 2022.

Can the bulls capitalize on the rare market phenomenon to drive another SHIB price breakout from it current consolidation phase?

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