Shibalnu

$SHIB #Shibalnu

In the past 24 hours, Shiba Inu SHIB3.87%-> has seen a price recovery after hitting a yearly low of $0.00001102 on March 11. Despite the 15% price increase, the drastic 99.44% drop in Shiba Inu’s token burn rate could signal serious trouble for the coin’s future. This low burn rate could reduce the effectiveness of the strategy of increasing value through scarcity.

Shiba Inu’s burn mechanism has long been considered a critical component of its tokenomics, with the goal of reducing supply to create scarcity and increase value. However, recent on-chain data shows that SHIB’s burn rate has dropped significantly, by 99.44% in a single day.

This drop is in stark contrast to the high burn rates of previous days. The drastic drop raises concerns about investors’ commitment to the long-term burn initiative.

The Shiba Inu burn process, which involves sending SHIB tokens to one of three dead wallets, aims to further reduce the available supply. This should increase the value of the remaining tokens and help prevent further price declines during market crises.

The drastic decrease in the Shiba Inu burn rate raises serious questions about the sustainability of the recent price increase. Investors and Shiba Inu enthusiasts should pay attention to this indicator as one of the important factors in their analysis of the coin's future prospects.

conclusion
the shiba burn and reduction in the supply of shiba coins should have increased or stabilized the price of shiba.. but in reality. the shiba burn program has no positive effect on the price of shiba
for shiba investors, you should be careful not to get caught and lose big ... remember there is need and demand, the less supply the better the price

Analysts are monitoring key Shiba Inu support as a potential buying zone, with bullish price targets extending to $0.00007380.
Shiba Inu (SHIB) remains under selling pressure as its price continues to decline, extending recent losses. Over the past 24 hours, SHIB has fallen by 2.2%, adding to its seven-day decline of 13.7%.

The token has also dropped 18.1% in the last 14 days and 19.7% over the past month. SHIB’s long-term performance shows a 64.9% decline over the past year, signaling persistent bearish sentiment.
Shiba Inu Is a Good Buy Now
Currently, Shiba Inu is trading around $0.00001231, following a drop to $0.00001155, where it found temporary support before rebounding. The price action reflects broader market weakness, with SHIB struggling to maintain upward momentum.

Notably, according to an analytic account on TradingView, The Hunters_Company, SHIB had been trading within a falling wedge pattern, a bullish reversal structure. Shiba Inu broke out of this pattern in early 2024, leading to a strong upward move.

However, the price has since corrected back to key support levels. Now, the analyst argued that Shiba Inu has entered a significant buying opportunity zone at current levels.

Resistance Levels and Shiba Inu Price Targets
Notably, SHIB faces multiple resistance levels that could define its price trajectory. The first major resistance is at $0.00001693. A breakout above this level would indicate growing bullish momentum.

Further resistance is at $0.00002485, marking a crucial mid-term level. If SHIB surpasses this resistance, it could move toward $0.00004022, a previous high. The long-term target based on Fibonacci projections stands at $0.00007380.

Market Outlook and Shibarium’s Role
On the fundamental end, crypto educator Davinci Jeremie has weighed in on SHIB’s market potential, noting that the token could see strong performance this cycle. However, he cautioned that it may not experience the dramatic gains some investors expect.

According to Jeremie, SHIB’s ecosystem has gained utility with the introduction of Shibarium, a layer-2 network designed to offer low-cost transactions.

Despite its technical advantages, he pointed out that Shibarium lacks real-world applications that drive SHIB adoption. If the development team attracts more practical use cases that rely on SHIB for transactions, the token’s price could see substantial gains in the future.
#Shibalnu #Shibarium #shibanews #Binance #BinanceSquare
$SHIB

$SHIB is trading around $0.00001259, showing strong volatility after dropping over 34% since February. It recently hit a low of $0.00001082 before a mild recovery. Analysts predict that $SHIB could stay above $0.0000126 this month, with possible peaks at $0.0000279 if momentum shifts.

Whale movements remain crucial, as large holders control nearly 20% of the total supply. Their accumulation or sell-offs dictate short-term price swings, making $0.0000115 and $0.00000815 key support levels. A strong bounce from these points could drive bullish momentum, while a break lower may signal further decline.

Technical signals lean bearish, with a Death Cross pattern emerging as $SHIB trades below both the 50-day and 200-day moving averages. The Fear & Greed Index stands at 34, reflecting market caution. Meanwhile, Glassnode data highlights that cost basis distribution suggests some whales are still holding.

Market sentiment remains mixed, but traders are closely watching RSI and MACD for potential buy signals. If buyers step in near support zones, $SHIB could see renewed strength.

#SHIB #Shibalnu

Shiba Inu ecosystem team calls Elon Musk’s attention to its achievements from 2021 to 2025, showcasing SHIB’s evolution from a meme coin to a utility project.

Shiba Inu has experienced significant growth since its launch. SHIB, which launched as a meme coin in August 2020, has grown into a major ecosystem with multiple projects.

In addition, its ecosystem tokens, particularly SHIB, witnessed remarkable growth that saw its value surge over 150 million percent to an ATH of $0.00008616.

5 Major Shiba Inu Achievements
Despite Shiba Inu’s achievements going viral in the crypto community, the team recently called on Musk to educate him about the cryptocurrency’s successes from 2021 to 2025.

Lucie, the leader of marketing at Shiba Inu’s ecosystem, highlighted these achievements in five major points.

Shibarium
At the top of the list is Shibarium, Shiba Inu’s Layer-2 blockchain built on Ethereum. Recall that Shiba Inu ecosystem developers launched the L2 blockchain in August 2023. Lucie claims that Shibarium is fast and cheaper to use when powering decentralized applications (dApps).

Notably, she highlighted ShibDev, a platform that provides developers with the relevant tools to build on Shibarium. The marketing lead also emphasized that Shibarium powers gaming and can be adopted for real-world use cases.

Games and Metaverse
Second, the Shiba Inu ecosystem team included its multiple games and the metaverse project in the list of its achievements over the past few years.

So far, the team has launched five games within the ecosystem: Shiba Eternity, Lap Dogs, Shibridge, Shiboshi Rush, and Agent Shiboshi. The ecosystem also has a functional metaverse project in the form of SHIB: The Metaverse.

The post suggests that these projects are not just for fun but are designed to give users real rewards.

Partnerships
Another remarkable milestone Shiba Inu has achieved between 2021 and 2025 is its numerous collaborations with top projects such as K9 Finance, Chainlink, and Zama.ai.

Interestingly, the UAE government is also Shiba Inu’s official partner. The partnership, signed earlier this year, will see the UAE government utilize Shiba Inu’s technology to boost its citizen-focused governance.

Lucie noted that these partnerships aim to advance blockchain, AI, and finance to the next level.

Shib OS
Furthermore, Lucie highlighted Shiba Inu OS (Shib OS) as another achievement made by its developers. Introduced earlier this year on Shibarium, Shib OS serves as a game-changer for builders and everyday users. It creates an all-in-one ecosystem featuring relevant gaming, transactions, and governance tools.

Lucie suggested that with Shib OS, Shiba Inu’s real-world applications extend beyond crypto into other sectors.

Shib Torch
Finally, the marketing lead highlighted Shiba Inu’s burn portal, Shib Torch, as one of its developmental achievements. This burning mechanism, released last year, seeks to reduce SHIB’s circulating supply by burning the token using a fraction of Shibarium transaction fees.

Lucie suggested that this continuous incineration aims to amplify SHIB’s shift from a meme coin to a utility project.

Furthermore, she indicated that the Shiba Inu ecosystem development team did not just create hype by building; it changed the game. In a follow-up comment, she mentioned that the team is still building and hoping that these efforts will drive the growth of the ecosystem assets’ values.

In the meantime, Musk has yet to respond to these comments.
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