Shiba Inu is on track to record its first positive monthly close since April, with an 11% gain in July. SHIB surged nearly 40% last weekend before giving back some gains, hitting a peak of $0.0000058 on July 28 before retreating to around $0.0000046. On-chain holders grew by over 78,000 addresses in July, bringing the total to 1,678,280. Approximately 3.25 billion SHIB were burned over the past 30 days, including 58.67 million in the last 24 hours, representing a 3,607% increase in the daily burn rate.
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