After 1,993% Burn Spike, Is Shiba Inu Price Set for a Major Trend Reversal?

The Shiba Inu price is showing clear signs of building recovery momentum after weeks of muted activity. The $SHIB price has recently attracted attention following a 1,993% surge in token burns, sparking optimism across the community. This impressive burn rate signals that holders are determined to reduce excess supply and strengthen long-term value. Meanwhile, price movements suggest growing interest from new buyers, hinting at a possible shift toward accumulation.