Shiba Inu Coin Price Analysis As Token Burn Rate Skyrockets Driving SHIB Rally

Shiba Inu Coin, the second-largest dog-themed coin, rallied 50% in the last seven days to $0.00001425. This marked the largest move in a week since the beginning of February. Prior to this commendable bullish outlook, SHIB had rallied to $0.00001193 in December rising on positive sentiment and optimism for the approval of Bitcoin ETFs.