What SHIB's Exploding Burn Rate Means for Its Price

SHIB’s burn rate exploded by 48,244% in the past 24 hours, with nearly 88 million tokens permanently removed from supply. If buying pressure continues, analysts say SHIB could attempt a move toward $0.000020, double the current price. CoinDesk's Jenn Sanasie breaks it down in today's "Chart of the Day," presented by Crypto.com.