
April 11th, 2025
Shiba Inu debuts its reward token TREAT on three major exchanges amid a dramatic 2,229% surge in SHIB burn rate, signaling potential market implications.
Dominating the crypto narrative, crypto bears are pushing down on meme coins. However, Shiba Inu, clinging to a crucial support, hints at a bounce back. Will this result in a quick V-shaped reversal?
Shiba Inu sees a burn rate surge with over 33 million tokens destroyed in a day, boosting the token’s price by 1.5%.
Shiba Inu is plotting a potential comeback amid contrasting onchain indicators.
The Shiba Inu meme coin has grown to a vibrant Web3 ecosystem through the Shibarium layer two scaling solution, which has over $3.4 million in TVL.
Meme coins are on a slippery slope and struggle to gain momentum despite the Bitcoin rally. Pepe, the frog-themed meme coin, is holding fort at key support. While bulls eye an extended rally, the massive supply zone warns of an intense pullback.
Despite a significant 11% drop earlier this week, Shiba Inu (SHIB) has rebounded with bullish momentum as traders aim to recover recent losses.
Shiba Inu’s burn rate spike and reduced token supply have stirred optimism, although SHIB price saw a 9% dip in the last day.
Shytoshi Kusama teases SHIFU, a new Shiba Inu meme coin, promising airdrops, sparking excitement, skepticism, and ecosystem growth.
Two main factors appear to be contributing to Shiba Inu’s recent price performance. They are market sentiment and community backing.
Analyst predicts a major breakout for Shiba Inu, with a potential 60% price increase if the cryptocurrency can break through the $0.000025 resistance level.
The blockchain analysis platform explained that the 0x1406 wallet owner, who is probably Ryoshi, has remained calm under pressure and retained the SHIB holding since the beginning.
Shiba Inu 1837% token burn increase has fueled market optimism, boosting SHIB’s price by 14% within 24 hours.
Kusama stated that the project would give a very strong return, yielding $10 for every $1 invested over a decade.
Shiba Inu’s Lucie anticipates a November bull run while expressing caution amid the uncertainties of the US election.