Shiba Inu (SHIB) Price Recovery Driven by ETF Speculation and Rising Burn Rate
Shiba Inu’s price shows signs of recovery thanks to a significant increase in its burn rate and speculation surrounding potential ETFs. Although still below its 2024 highs, Shiba Inu is capturing investor attention as market conditions improve. The increase in burn rate indicates a shrinking supply of SHIB which could drive prices higher if demand rises. As more investors speculate about the possibility of ETFs for Shiba Inu, the atmosphere around this memecoin begins to change. Tracking this momentum could yield profitable opportunities for savvy traders looking to capitalize on market sentiment shifts in Shiba Inu.