Shiba Inu noted a staggering 4000% upsurge in its burn rate today. Its price has been rising since then and has revived optimism over its future. According to Shibburn’s insights, 81.64 million SHIB was burnt in the past 24 hours, with a remarkable 4085.94% surge in the burn rate. The initiative is set to cut down SHIB’s supply to further market performance. In spite of the recent corrections in its value, it has nullified the recent bearish market given its recent updates like the Heimdall Hardfork upgrade, the Japanese listing,and huge whale accumulations. Shiba Inu has gained 1.40% in the last 24 hrs and is currently trading at $0.0000254. 

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