Shiba Inu Price Eyes Recovery as SHIB Burn Rate Rises Above 41%
Shiba Inu price trades near $0.00000412 after buyers defended the June low around $0.00000404. The overall formation is still skewed toward sellers, but the token has now entered a state of stability. SHIB continues to trade below key Exponential Moving Averages, and futures sentiment is not overly bullish.