Shiba Inu, the popular meme coin, has been experiencing a challenging month, with a decline of over 12% in the past week. However, despite this downturn, two key metrics suggest that SHIB may be poised for a significant rally to $0.005.

Firstly, the decline in exchange holdings of SHIB is a positive sign, indicating that prominent investors are transferring their supply to self-custodied wallets. This trend is reinforced by the increase in movement of SHIB from various exchanges, particularly among SHIB whales.

Secondly, the SHIB burn rate has surged by an impressive 1,460% in just 24 hours, with seven burn transfers in total. This significant reduction in the meme coin supply is a vital indicator of a potential price increase in the near future.

While investor interest has fallen, and derivatives have noted declining trading, these two key metrics suggest that Shiba Inu may be on the verge of a monumental increase. If the market sentiment reverses, SHIB could be poised to skyrocket, potentially reaching $0.00053, a 231% surge from its current position.

In conclusion, while the current market conditions are challenging, Shiba Inu's exchange holdings decline and burn rate surge suggest a potential rally on the horizon. As the market sentiment shifts, SHIB may be well-positioned to capitalize on the reversal, leading to a significant increase in value.