Shiba Inu's Downtrend Intact as Daily Burn Rate Tanks by 63%

coindesk.com/markets/2025/06/09/shiba-inu-s-downtrend-intact-as-daily-burn-rate-tanks-by-63

remains locked in a downtrend despite recovering from overnight lows, as the sharp drop in the "daily burn" rate has dented deflation prospects.
The token has recovered to trade near $0.000012650 at the time of writing, having reached a low of $0.00001234 during the Asian hours. Still,…

This story appeared on coindesk.com, 2025-06-09 10:08:55.
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