A few days ago, SHIB was catching attention in the markets. The crypto token jumped more than 8%, reaching $0.00000615, staying firmly above that $0.000006 support level everyone was watching.

What's interesting is that this didn't happen in a vacuum. Trump supposedly paused military action against Iran, opening space for diplomatic talks. That was enough to ease tensions and trigger a rebound in crypto. Bitcoin rose nearly 4% in the same move, meme coins generally responded strongly, and the meme coin sector's market cap grew by 6% to $34.4 billion.

Now, what really caught my attention was the burning activity. SHIB's burn rate skyrocketed, increasing 637% in 24 hours. We're talking about more than 8 million tokens permanently removed. That makes sense considering the token's deflationary structure: less supply, more potential scarcity.

Trading volume also moved. Spot trading jumped 67% to 169.65 billion tokens, and derivatives nearly doubled, reaching $194.44 million. Traders were clearly active, with open interest rising 10.12%.

From a technical perspective, the MACD entered positive territory, and the Chaikin Money Flow confirmed real capital inflows. If it stays above $0.000006, the next targets would be $0.0000065 and $0.0000070. A break below could lead to $0.0000055.

An additional point: U.S. authorities classified Shiba Inu as a digital commodity, which significantly reduces the regulatory uncertainty that had been looming. OnePay also expanded its crypto trading program to include SHIB, potentially bringing more retail participants to the token.