Shiba Inu Coin, the second most prominent meme coin, has been on the move this week, rallying in tandem with Bitcoin. As BTC peaked close to $64,000 on Wednesday, SHIB topped out at $0.0000147. Shiba Inu Coin price is up by a staggering 135% from its 2023 low of $0.0000059 to trade at $0.000014 during US business hours on Thursday. Shiba Inu Coin maintains a positive outlook despite the burn rate falling 100% to zero. According to the Shib burn website, no coins have been burned in the last 24 hours, keeping the circulating supply at 581 trillion tokens.