The SHIB burn rate has decreased by 47.2% over the past week, with 32,297,688 SHIB tokens burned, according to Bitjie. The 24-hour burn rate also saw a significant drop of 78.31%, totaling 919,747 SHIB. During this period, SHIB's price experienced volatility, declining 2.21% for the week but briefly surging 11% following the emergence of a golden cross pattern on November 9. Analysts indicate that SHIB's price movements may continue to align with broader cryptocurrency market trends.