Shiba Inu (SHIB) Price Prediction: Can a 405% Burn Surge Trigger a Breakout From the Current Downtrend?

Shiba Inu is showing mixed signals as a sharp increase in token burns coincides with a cautious technical setup.

Shiba Inu Price Today: SHIB Surges 35% as Massive Token Burns Fuel Bullish Momentum

Shiba Inu (SHIB) has staged a sharp rebound, with the Shiba Inu price jumping roughly 35% over 24 hours as traders respond to stronger buying activity and a notable increase in token burns.