Shiba Inu Coin Price Prediction: Can SHIB Reach $0.00003 Amid Increased Burns Rates?

Shiba Inu Coin price prediction: SHIB, a meme-based cryptocurrency, has experienced a notable price correction over the past 24 hours. The price of the Shiba Inu coin is down 5.29%, currently sitting at $0.00002405. The market cap has dropped to $14.17 billion, ranking it 11th among cryptocurrencies, according to CoinMarketCap Data.