Shiba Inu Price Forecast: SHIB Burn Rate Surges 530% as Bulls Eye a Breakout

SHIB burn activity surged 530%, strengthening the token’s supply-reduction narrative. Holding $0.00000440 could support a move toward $0.00000477 and $0.00000500. Weak volume remains a concern despite improving MACD momentum and stable RSI readings. Shiba Inu has gained fresh attention after a sharp jump in token-burning activity. SHIB rose 0.93% to around $0.00000450 during the latest session. The burn rate climbed more than 530%, ad…