Shiba Inu Analysis: SHIB Inflows Spike—Is a 53,000% Burn Rate Enough?

The meme coin sector is feeling the heat in March 2026. Shiba Inu ($SHIB) is currently trading near $0.0000055, down over 8% in the last seven days. Despite a headline-grabbing 53,000% spike in the...

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Shiba Inu Analysis: SHIB Inflows Spike—Is a 53,000% Burn Rate Enough?

Source: cryptonews.net

The meme coin sector is feeling the heat in March 2026. Shiba Inu ($SHIB) is currently trading near $0.0000055, down over 8% in the last seven days. Despite a headline-grabbing 53,000% spike in the burn rate, the price has failed to react positively.Shiba ...