June 9, 2025

Shiba Inu’s Downtrend Intact as Daily Burn Rate Tanks by 63%

Shiba inu (SHIB) remains locked in a downtrend despite recovering from overnight lows, as the sharp drop in the “daily burn” rate has dented deflation prospects.The token has recovered to trade near $0.000012650 at the time of writing, having reached a …

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