After a 108,000% Burn Spike, Will Shiba Inu Price Hit $0.000016 Next?

Shiba Inu price has drawn renewed attention after a record 108,000% spike in burn rate, signaling revived investor activity. The meme token has staged a 60% rebound from its recent lows, reflecting strong buying interest around critical support levels. Despite recent volatility, SHIB’s technical structure shows signs of recovery as buyers regain control.