Historical data shows Shiba Inu (SHIB) has never recorded losses in February. While past trends aren’t an assurance due to the crypto market’s wild fluctuations, SHIB’s consistent patterns have grabbed the crypto community’s attention.

Shiba Inu’s burn rate skyrocketed by 60,000% in a single day, with over 1.01 billion SHIB removed from circulation. The surge comes amid growing anticipation of a major partnership announcement teased by lead SHIB developer Shytoshi Kusama.

Shiba Inu shows mixed market signals with a recent 2.7% price increase amid bearish technical indicators, while long-term growth plans focus on token burns, Shibarium adoption, and ecosystem development.

SHIB witnessed a dramatic surge in its burn rate, climbing over 600% and signaling a renewed wave of optimism for the meme token.