$SHIB Shiba Inu's burn rate surged over 53,000%, with 172 million tokens burned within 24 hours, but SHIB's price remains under pressure, down 2.44% to approximately $0.000005379. This burn accounts for only about 0.00003% of the massive circulating supply, so the short-term impact is minimal. Technical analysis shows that SHIB is testing the key support level at $0.00000545. If this support is broken, the price could further decline toward around $0.00000530.

SHIB-0.54%
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