SHIB Overcomes Burn Decline with a Robust Price Rally and New Community Upgrades

Shiba Inu (SHIB) is in the spotlight as it registers a dramatic 98.79% drop in its burn rate over the past 24 hours, with fewer than 857,632 tokens burned, even as its price surged by 5.5% to $0.00001193. Trading volume also increased by 10.30% to $147,581,174, underscoring renewed market activity. In parallel, the SHIB team has introduced the Karma points system to enhance utility and protect community members, marking a strategic push toward innovation. Ongoing developments, including efforts on the Shibarium platform and anticipation around key product launches like the SHI stablecoin (which remains pending a specific launch date), reinforce SHIB’s bid to regain stronger market rankings. Additionally, there is an indication that these improvements might help SHIB overtake competitors such as Toncoin in the market standings.