Shiba Inu (SHIB) surged 8.63% to $0.00000615, outperforming the broader cryptocurrency market's 2.57% gain, as easing Middle East tensions prompted capital to flow toward higher-risk assets. SHIB derivatives trading volume skyrocketed more than 100% to $194.44 million, with open interest growing 10.12%, signaling robust leveraged positions. The token's 24-hour burn rate spiked 637%, burning over 8 million tokens, while its regulatory classification as a digital commodity in the United States provided additional support. Analysts point to key resistance at $0.0000065 and key support at $0.000006.