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

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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.