Shiba Inu price eyes a massive breakout ahead as 389 million SHIB tokens were burnt in February. The meme coin soars 6% as March begins.

Community-driven initiatives, including SHIB Torch, fueled the spike, contributing to a 14.92% weekly increase in burned tokens.

Shiba Inu is a meme coin that has caught many investors' attention the last few years. Here's what you should know before you buy.

Shiba Inu (SHIB) last week stunned with a 2,004.92% spike in its burn rate, following calls for a 1,200% price blast. This surge, however, is speculative supply shocks rather than real utility in the real world.

Shiba Inu’s burn rate has plummeted by 100% in the last 24 hours, with just 750,000 SHIB burned — an alarmingly low figure for the memecoin project known for aggressive token burns. This decline comes as the broader memecoin market takes a beating amid a larger crypto downturn.

Shiba Inu (SHIB) has seen a sharp increase in its weekly burn rate, with 128,939,614 tokens removed from circulation over the past seven days—a rise of 11.82%. The past 24 hours tell a different story,