Shiba Inu Transactions Surge as Burn Rate Declines After Bitcoin’s Breakout
Shiba Inu is beginning to recover from its price losses incurred in December. The crypto market has reacted positively after Bitcoin broke above the psychological threshold of 100,000 dollars. This rally has resulted in a notable increase in Shiba Inu activities, with large transaction volumes up by 40 percent. However, its burn rate has seen a drastic decline of 71.5 percent. This contrasting trend raises questions about the future of Shiba Inu and what will happen next as overall market dynamics uplift it.
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