- Lead developer Shytoshi Kusama teases an upcoming "revolutionary" year-end surprise, hinting at potential excitement in the Shiba Inu ecosystem.
- Shibarium, the Shiba Inu network, achieves a milestone with daily transactions surpassing 6 million, accompanied by the creation of over 1.3 million wallets and processing 134 million transactions.
- SHIB experiences a slight decline of about 7%, tracking alongside Bitcoin and Ethereum, while retesting the critical support level at $0.0000097.
- Analyst Ali anticipates a rebound and a substantial 45% surge in SHIB's value, projecting a rise to $0.000014, contingent upon the realization of the hinted year-end surprise.
Throughout this year, SHIB hasn't seen the meteoric rise it once did. While its growth has been modest at around 20%, it's been relatively quieter. Yet, beneath the surface, significant developments have been brewing, setting the stage for a potentially remarkable year-end finale.
Hints of an Exciting Year-End Surprise for SHIB
Shytoshi Kusama, the enigmatic lead developer behind SHIB, has tantalized the SHIB community with whispers of a game-changing "year-ending surprise." Through cryptic tweets over the weekend, Kusama hinted at a forthcoming development deemed "revolutionary," suggesting a transformative shift poised to redefine Shiba Inu's trajectory.
The details remain shrouded in mystery, but Kusama's allusions point toward a potential burning of substantial SHIB tokens—potentially involving billions or trillions—hinting at a monumental shift. Further teases suggest these updates could propel SHIB beyond its memecoin origins into a network equipped to address tangible real-world challenges.
Embracing Global Adoption and Evolution
Kusama emphasized the imperative of global adoption for Shiba Inu, advocating for Web3 innovators to strive toward making SHIB universally accessible and appealing. This shift hints at a metamorphosis from a playful meme-based currency to a platform aiming to solve substantial real-world issues.
Teasing the Unveiling: Shibarium's Soaring Metrics
In anticipation of the enigmatic reveal, Shibarium's metrics have soared. Daily transactions on the network surged beyond 6 million, showcasing an exponential rise. Wallet addresses created on the network crossed the 1.3 million milestone, presently numbering approximately 1,316,316 and continuing to grow.
The network's cumulative transaction count has also skyrocketed, exceeding 130 million transactions—a testament to increasing engagement within the Shiba Inu ecosystem.
Predictions Amid Market Fluctuations
Currently trading around $0.00000845, SHIB experienced a marginal daily decline of about 7% in line with the broader market trend. Bitcoin and Ethereum, experiencing similar downward trends, contributed to this temporary pullback.
Recent price fluctuations show SHIB retesting resistance levels after an initial surge above $0.00001, subsequently facing resistance at $0.000011. While recent movements have dipped slightly below $0.00001, retesting the $0.0000097 resistance, analysts remain optimistic.
Potential Outlook and Future Scenarios
With the promised groundbreaking update looming, a resurgence could catapult SHIB to a projected 45% rally before year-end, targeting the $0.000014 threshold—provided it sustains above key support levels.
Disclaimer: While Voice of Crypto aims to provide accurate and current information, readers are advised to conduct their own research due to the volatile nature of cryptocurrencies. Financial decisions should be made with diligence and understanding of potential risks.
#ShibaSurge #SHIB #Shiba.Inu #ShibaInuUpdate
$SHIB

Since its launch in August 2020, Shiba Inu (SHIB) has earned a name for having turned many early investors into millionaires, and in some cases, even billionaires. From its inception to reaching its all-time high of $0.000008616 in October 2021, SHIB saw a rise of about 85,000,000% (85 million percent). This whopping return turned small investments into millions.One such early investor purchased $8000 worth of SHIB in late 2020. When SHIB reached its all-time high on Oct. 21, 2021, the investment ballooned to a whopping $5 billion. Many called this the greatest trade of all time.Soon after, reports began to emerge that the investor may have lost access to the wallet. However, this was not the case. The investor sold $2.9 billion worth of SHIB a few days after it reached its all-time high. The remaining SHIB was also sold a few days later, and the investor was never heard from again.Shiba Inu investor misses out on becoming a billionaireWhile the previous instance was that of an investor walking away with billions, there is another who missed becoming a billionaire with SHIB. An early investor purchased 25 trillion SHIB tokens, which were worth around $2000 in their early stages. However, SHIB’s prices were headed down in the first few weeks after the purchase. The investor panicked and sold the tokens at a loss.However, had the investor held on for a few more months, the 25 trillion SHIB tokens would have been worth about $1 billion. When SHIB achieved its all-time high, the investor posted a video on TikTok sharing his disbelief.He stated, “I just got a message from a couple of mates and they told me that Shiba Inu has gone up 67 million percent since January. Now in January [2021] I was browsing Reddit and came across a recommendation for buying meme currencies. One of them was SHIB. At that time I put $2,000 into it and I left it for a couple of weeks. It went down and I sold it for a loss.”The investor concluded the video by saying, “It turns out that would now be worth $1 billion if I hadn’t sold it. Now how to live with that?”At press time, Shiba Inu (SHIB) was trading at $0.00000727, with a 0.0% change in the last 24 hours.#ShibaInuUpdate #dyor

A significant portion of cryptocurrencies has exhibited positive price fluctuations, resulting in Shiba Inu experiencing a 2% increase in value during the last 24 hours. Despite the marginal price escalation, there has been a substantial decline observed in the pace at which SHIB tokens are being burned.
Based on the data provided by Shibbburn, the official SHIB burn tracker, the number of SHIB tokens burnt throughout the past 24 hours amounted to 983,884. This figure indicates a substantial decrease of more than 99% compared to the preceding day. The observed substantial decrease in the burn rate is expected to elicit apprehension among investors over the potential downward impact on the price of SHIB in the near future.
The burn rate of SHIB has experienced a significant decrease of 98.79%.
The basic objective of the burning of Shiba Inu tokens is to decrease their circulating supply, hence promoting scarcity and consequently increasing the value of these tokens. The burning of SHIB tokens occurs intermittently, with certain days exhibiting a higher frequency of token burn compared to others. As an illustration, the initial burning of SHIB tokens on Shiba Inu's layer-2 solution, Shibarium, resulted in the reduction of 97 million SHIB tokens.
Based on the information provided on the Shibburn website, it has been seen that throughout the preceding 24-hour period, a cumulative sum of 983,884 SHIB tokens underwent a process of burning through three distinct transactions. Notably, the largest quantity of 42,850 SHIB tokens was moved to an inactive wallet. The aforementioned data indicates a reduction of 98.79% in the quantity of tokens that were subjected to burning, signifying a substantial drop in comparison to previous days.
In order to provide a contextual framework, it is noteworthy that a cumulative sum of 81.26 million SHIB tokens underwent the process of burning on the preceding day, while an additional quantity of 49.76 million SHIB tokens underwent the same process two days prior.
Implications for Investors in Shiba Inu
Investors have the ability to burn SHIB tokens by sending them to one of the three designated SHIB burn addresses. As per the marketing lead of the Shiba Inu community, the process of SHIB burning is a collaborative endeavor within the community. According to the data obtained from the Shibburn website, the quantity of SHIB tokens that have been permanently removed from circulation exceeds 410 trillion, representing a significant reduction from the original token supply.

The observed decline in the rate of SHIB token burn has persisted over a considerable period, indicating a diminishing level of interest due to the perceived lack of impact on market dynamics. According to the documented records from Shibburn, an observed decrease of 37.12% in the quantity of SHIB tokens burned during the month of October was identified in comparison to the preceding month of September. The rate at which the burn performance occurred had a deceleration over the course of the month, despite the fact that the price of the cryptocurrency increased by more than 17% from its lowest point in October.
The current trade price of SHIB is $0.000008687, reflecting a positive increase of 23.75% over the course of the previous 30 days. The prospect of SHIB reaching a value of $1 is unpromising presently, given the substantial circulation of over 589 trillion SHIB tokens. The involvement of SHIB burns will be crucial in facilitating the attainment of the $1 milestone for the cryptocurrency, as they will effectively contribute to the reduction of the overall supply.
#ShibaInuUpdate #SHIBburn #BinanceSquare

Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, has recognized a recent comment from the billionaire owner of the X platform, Elon Musk, that contained a direct mention of “Bad Idea.”
Read more on: https://thecryptobasic.com/2023/11/25/shiba-inu-lead-reacts-to-elon-musk-bad-idea-tweet/
#SHIBFuture #ShibaShine #ShibaInuUpdate #Crypto #Cryptonews230

Malicious actors stole hundreds of billions of Shiba Inu tokens as well as other crypto assets in a recent Heco cross-chain bridge exploit. 
Read more on: https://thecryptobasic.com/2023/11/23/hackers-drain-over-346-billion-shiba-inu-tokens-in-heco-bridge-attack/
#SHIB-3.59% #ShibaInuUpdate #Crypto #CryptoTreasure #CryptoNews🔒📰🚫

Shiba Inu (SHIB) price has bowed to bearish pressure but the current drawdown paints a generally bullish picture for the week.
Read more on: https://thecryptobasic.com/2023/11/15/is-shiba-inu-shib-still-on-track-to-hit-0-00001-this-week/
#SHIBs #ShibaInuUpdate #ShibaSurge #Crypto #CryptoNews🔒📰🚫

Shibarium, the Shiba Inu ecosystem L2 blockchain records a tremendous surge in user activity as the network’s total transaction count surpasses 6 million. 
Read more on: https://thecryptobasic.com/2023/12/01/shiba-inu-shibarium-sees-heavy-traffic-with-952-transactions-recorded-in-5-second-block/
#ShibaInuUpdate #Shibarium. #SHIBFuture #cryptocurreny #CryptoNews🔒📰🚫

The Shiba Inu project has mentioned the most successful SHIB trade, and possibly the most successful crypto trade by an individual, in the fifth edition of the SHIB Magazine.
Read more on: https://thecryptobasic.com/2023/12/05/8000-in-shiba-inu-turns-to-5-7-billion-as-shib-magazine-5th-edition-reveals-most-successful-crypto-trade-ever/
#SHIBFuture #SHIBAStrong #ShibaInuUpdate #cryptocurreny #CryptoNews🔒📰🚫

Shiba Inu (SHIB) is currently at a crucial point, as per recent technical analyses. Following a strong rally, the coin is now testing important support levels that could shape its short-term path.
On the daily SHIB/USDT chart, it’s observed that the meme coin is consolidating above the 200-day Exponential Moving Average (EMA), a substantial support level. In the past, a successful retest of this level has often led to upward price movements.
SHIB: Potential 12% Surge with Technical Bullish Signals
The current consolidation phase around the critical support level near $0.0000084 is being viewed by some as a platform for future gains in Shiba Inu (SHIB). Analysts predict a bullish continuation that could lead to a noteworthy 12% upswing in the upcoming weeks. This optimism is reinforced by SHIB’s trading position above both the 50-day and 100-day moving averages, indicating a robust uptrend with room for further expansion.

Moreover, the sustained pricing above these moving averages and the potential formation of a “golden cross” — a bullish signal where the 50-day moving average surpasses the 200-day moving average — adds weight to expectations of an imminent price rally. Although the golden cross is typically considered a lagging indicator, investors often interpret it as confirmation of a robust bull market on the horizon.
In addition to these factors, the stability of the Relative Strength (RS) and increased trading activity are being highlighted as favorable conditions for SHIB’s potential price rally. These indications suggest that the coin is displaying compelling signs of a bullish breakout, with the potential for a substantial surge estimated at around 12%.
While the meme coin market is known for its volatility, the current technical patterns and support levels contribute to a cautiously optimistic outlook for SHIB. Investors and traders are closely monitoring the situation, particularly for a confirmed breakout above the 200-day SMA, which could mark the beginning of the anticipated climb.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#shibawhale #ShibaInuUpdate $SHIB

Shiba Inu achieves a major milestone as the number of addresses with zero balance hits an astounding 1.26 million. 
Read more on: https://thecryptobasic.com/2023/11/22/here-are-2-reasons-why-shiba-inu-addresses-with-zero-balance-spiked-to-1-26m-in-33-months/
#SHIBs #ShibaInuUpdate #SHIBFuture #CryptoMarketDynamics #CryptoNews🔒📰🚫