Shiba Inu Coin SHIB Revealed: What to Expect for Price Trends in 2025?
Hey, friends, Shiba Inu ($SHIB), this meme coin has been hot again recently, reportedly burning 17 million tokens, and this news has caused quite a stir on Shibburn.com. Although everyone is saying this is to create deflation, looking at the market, it seems nothing much is happening. Let's take a closer look: Can SHIB soar, and what will the price look like in 2025?
About the tokens: Just for fun?
The talk about SHIB burning tokens is meant to make it more scarce and valuable. But those 17 million tokens are only worth about 500 dollars, which is nothing compared to its market cap of 165.8 billion dollars. There are a total of 589 trillion SHIB tokens, and this burn is just a token gesture, not having much impact.
However, the act of burning tokens does show the community's determination for SHIB. But is this enough for SHIB to rise? It also depends on how hard its ecosystem works.
The Shiba Inu Coin ecosystem: Quite lively
Although SHIB originated as a meme coin, it’s different now; it has created an ecosystem that includes:
DeFi: Tied to financial applications, it can be used for trading and other purposes. NFT platform: Engaging with NFTs, making SHIB more grounded. Shibarium: A second-layer blockchain that offers fast transactions and low costs, attracting developers and users.
Most importantly, the SHIB community is robust; even if the market is down, they can keep the atmosphere lively.
How is the market now?
As for the price, it is currently $0.00002749, up 0.32%. SHIB has bounced off its 50-day moving average and is now steadily hovering near the 21-day moving average, looking like it may rise.
Let’s talk about external factors: If crypto regulations loosen in the US, meme coins like SHIB might benefit, and institutions are keeping an eye on it.
Can SHIB soar?
Analysts are divided on whether SHIB can surge dramatically. But if SHIB can break its previous all-time high of $0.000090,
For the next strategic direction, I will guide everyone to target the high-profit opportunities in altcoins, especially those with great potential, with an expected upside of over 10 times being no problem. If you want to make big money in a bull market, like and comment, and I’ll take you along to strategize for the entire bull market!
