$SHIB The Eve of the Explosion? : 2025 Price Prediction, Let You Prepare in Advance!
Have you heard? Shiba Inu Coin (SHIB) has recently made big news again, reportedly burning 17 million tokens. This news has sparked a lot of discussion on the Shibburn website. Everyone says this is an attempt at deflation, but looking at the market, it doesn't seem to have much impact. Let's talk about whether SHIB can soar, and if we can reliably predict the price for 2025.
Is burning tokens really useful?
Burning SHIB tokens is basically an attempt to make the coin scarcer and more valuable. However, these 17 million tokens are only worth about $500, which is nothing compared to its market value of hundreds of billions. The total supply of SHIB is 589 trillion tokens, and this small amount burned is just for fun, without any substantial impact.
However, from this token burning action, we can see the determination of the SHIB community. But can SHIB rise just because of determination? It also depends on how its entire ecosystem performs.
SHIB's ecosystem is quite impressive!
Although SHIB started as a meme coin, it is now different; its entire ecosystem has been built up. There are financial applications, trading capabilities, and more; there is also an NFT platform that makes SHIB more relatable. Additionally, with the second-layer blockchain Shibarium, trading is fast and costs are low, attracting a lot of developers and users.
The SHIB community is also remarkable. Even if the market is not doing well, they can still boost the atmosphere.
Current Market Situation, Seeking Stability While Advancing?
Currently, the price of SHIB is $0.00002749, up 0.32%. This price is swinging between the 50-day moving average and the 21-day moving average, looking like it might rise.
Moreover, if the regulatory environment in the U.S. becomes more lenient, meme coins like SHIB might benefit from the situation. Institutions are watching closely, and if there is an opportunity, they will definitely act.
Can SHIB soar? Who can say for sure!
But if SHIB can break its previous all-time high of $0.000090, that would be truly impressive.
Prepare in advance for potential coins, like + comment, keep up with my rhythm, and make a fortune in this bull market!
