The price of Shiba Inu (SHIB) is decreasing and bears are pushing the token towards its important support level. However, the burn rate of SHIB has increased by 506% in the past 24 hours, which is seen as a positive sign for the ecosystem. The total number of SHIB tokens burnt so far is 410,743,143,534,435, reducing the total supply. The price of SHIB has decreased by 7.16% to $0.00001991, and losing the $0.00002 support level is a concern. Despite this, SHIB whales may enter the market to help boost the price, and the lead developer is keeping the community engaged.



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