Shiba Inu (SHIB) has surged by an impressive 16% this week, propelled by a staggering 8,400% increase in its token burn rate. This spike in the burn rate has led to heightened trading volumes and growing market interest. Technical indicators show signs pointing to further gains down the line, making Shiba Inu a topic of interest among analysts and traders. As the burn rate continues to drive the buzz, many are anticipating that the cryptocurrency will maintain its bullish trend. Investors are keenly observing the dynamics as Shiba Inu aims to gain further market hold in the upcoming sessions.