Guys you will see in this post all what you need to know about $SHIB info, Price Expectations, Buying Price if you haven't bought yet and Selling Price which is most important. I will give all the strengths and weakness about #SHIB & why expect it to change everything about Meme Coins. So Let's Start🥂
💥SHIB INFO💥
Current Price: $0.000025 (USD)Current Market Cap: $14.75 Billion USDCurrent Total Supply: 589,271,904,973,426 SHIB (Circulating supply, total supply not available)Crypto Position: #11 (According to CoinMarketCap)Launch Date: Launched in August 2020
Now let's talk about the biggest factor that might affect the burns of the SHIB token.

✨ SHIBARIUM ✨
Shibarium is a planned layer 2 blockchain specifically designed for the Shiba Inu cryptocurrency ecosystem. It's essentially a new platform built on top of the existing Ethereum blockchain (layer 1). The goal is to address some of the problems that have plagued Ethereum, like high transaction fees and slow processing times.
Here's a breakdown of what Shibarium is aiming for:
Faster and Cheaper Transactions: By operating on a separate layer, Shibarium can process transactions quicker and at a lower cost compared to the Ethereum mainnet. This could make using Shiba Inu tokens more user friendly.Scalability: Shibarium is designed to handle a higher volume of transactions compared to Ethereum's base layer. This is crucial for wider adoption of the Shiba Inu ecosystem.A More Robust Shiba Inu Ecosystem: Shibarium paves the way for the development of various DeFi applications (decentralized finance), games, and even a metaverse, all within the Shiba Inu world.
Overall, Shibarium represents a significant step for Shiba Inu as it moves beyond being a memecoin & towards a more comprehensive blockchain project.
🔥SHIB BURN MECHANISM🔥
Absolutely, here's a breakdown of the SHIB burn mechanism:
What is it?
The SHIB burn mechanism is a deflationary tool used to reduce the total supply of Shiba Inu tokens in circulation. This is achieved by sending SHIB to a specific address, essentially a black hole wallet, where they are permanently removed from circulation.
Why do they burn SHIB?
The primary purpose of burning SHIB is to increase its scarcity over time. In theory, with fewer tokens available, the value of each remaining SHIB token could increase.
How does it work?
SHIB burning utilizes a two pronged approach:
Manual Burns: The Shiba Inu development team periodically allocates a portion of SHIB tokens for burning.Automatic Burns: Shibarium, Shiba Inu's layer 2 solution, incorporates an automatic burning mechanism. A small percentage of transaction fees on the Shibarium network is designated for burning SHIB. Additionally, there's a separate "burn portal" where users can voluntarily burn their SHIB tokens, potentially receiving rewards in exchange.
Impact & Future
The effectiveness of the SHIB burn mechanism on the token's price is debatable. However, it does demonstrate the project's commitment to reducing supply and potentially fostering long term growth. The recent launch of Shibarium with its built in burn function could significantly impact the circulating supply over time.
Stay Updated
Guys keep in mind that the SHIB burn portal is still under development, so be sure to follow official Shiba Inu channels for the latest updates on its functionality and potential rewards as I will put the link at the end of the expected price segment below.

🦴WHAT IS BONE🦴
$BONE is the governance token of Shibarium, Shiba Inu's layer 2 blockchain. It plays a crucial role in the SHIB burn mechanism in a couple of ways:
Gas Fees: Transactions on Shibarium require gas fees, but unlike Ethereum, Shibarium uses BONE exclusively for this purpose. This incentivizes users to hold BONE for interacting within the Shiba Inu ecosystem. A portion of these BONE gas fees are then burned, reducing the overall supply of BONE.Burn Portal (Future Potential): There's a planned "burn portal" feature within Shibarium where users can voluntarily burn their SHIB tokens. While details are still under development, speculations suggest users might receive rewards in the form of BONE for participating in this SHIB burning process. This could further incentivize SHIB burning and potentially increase the demand for BONE.
In essence, BONE fuels activity within Shibarium, and a portion of this activity contributes to burning SHIB directly through gas fees. The burn portal, if implemented as envisioned, could create another avenue for SHIB burning with BONE as the potential reward.
⚔️LATEST PROJECTS BUILT ON SHIBARIUM⚔️
While Shibarium itself is not officially launched on the mainnet yet, there has been a lot of anticipation and projects expressing interest in building on it. Here's what we know:
Official Statements: The Shiba Inu team, particularly Lucie, a marketing member, has mentioned Shibarium aiming to onboard 1,000 projects with numerous partnerships. This indicates a focus on a rich ecosystem within Shibarium.Project Mentions: Some specific projects have shown interest in building on Shibarium. These include Falcon 9 (F9), UFO Gaming (UFO), MoonBet (MBET), and Voxel X (VXL). However, it's important to note that these are just a few examples, and the full list of confirmed projects isn't available yet.Community Speculation: With the focus on a large ecosystem, there's speculation that various DeFi (decentralized finance) applications, games, and even metaverse projects could be built on Shibarium.

💸SHIB INU EXPECTED PRICE💸
Well guys, we should look at the circulating supply to guess the expected price of SHIB in the end of the coming Bullrun, and for now SHIB can't reach $0.10 or ten cents soon as that depends on all the factors I explained above.
My expected price for SHIB is based on SHIBARIUM which is the SHIB transfer, staking and building chain as the fees for all those mechanism is used to burn SHIB tokens. We can see until today not much happened during the burn process.
You can find all the burned SHIB in this link:
https://www.shibburn.com/shibarium
Jumping to conclusion we can predict that if the SHIB burned tokens stay as low as today the price that we expect SHIB price to be after the end of the Bullrun is $0.0001.
🌿 Conclusion 🌿
As thousands of new meme coins are launching day by day, the competition to attract investors is getting harder, $DOGE is still the meme king, while $WIF & #BOME jumped into the big dogs game in a matter of few months. This all concludes that the SHIB team must definitely do their best to burn and build to stay in the race and attract more crypto investors.
SHIB will definitely be a front runner in the next near #Bullrun as #BTC is heating up the crypto market and as we are preparing to have the biggest price increase very soon.
🖋️ By @CryptoVenom
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#MemeWatch2024

1. Investors' anticipation of a Bitcoin bull market driven by ETFs is challenged by IntoTheBlock's analysis.
2. High Bitcoin inflows to Centralized Exchanges (CEXes) usually signify selling activity, contrary to investor expectations.
3. Despite a dip in Bitcoin's price, the average holding time reached a record high in December, indicating long-term investors selling.
4. In January, large holders increased their Bitcoin holdings, while smaller ones reduced theirs, possibly due to fear or uncertainty.
5. The market presents conflicting signals, with CEX inflows hinting at a potential dip, while whale activity suggests a possible upcoming bull run.

Investor expectations in the cryptocurrency market have followed a predictable trajectory, particularly with the anticipation surrounding ETF applications. The common narrative involved SEC approval in January, leading to a robust price rally until April, coinciding with the next Bitcoin halving. However, the volatile nature of the crypto market often deviates from such projections.
IntoTheBlock challenges the prevailing notion of an ongoing Bitcoin bull market, suggesting it might not have even commenced. Their analysis points to intriguing observations, such as the consistent inflow of Bitcoin to Centralized Exchanges (CEX) over six consecutive weeks, totaling nearly $2 billion in net deposits since December.
This influx contradicts the bullish sentiment, as one would expect a surge in Bitcoin's price if everyone were holding onto their assets. Surprisingly, the past week saw a 10% decline in Bitcoin's value, prompting IntoTheBlock to question, "Who is selling?"
Another puzzling aspect is the extended average holding time of transacted Bitcoin, reaching a record high of 4.7 years in December. This suggests that long-term holders, typically associated with HODLing, were selling and cashing in profits during a period of market strength. IntoTheBlock speculates that these sales might be linked to outflows from Grayscale's Bitcoin ETF.
In addition, the analysis highlights a notable increase in whale holdings (addresses with over 1,000 BTC) by 8% in January 2024, contrasting with smaller holders reducing their positions. This shift in ownership dynamics raises questions about whether fear, uncertainty, or doubt drove smaller investors to sell.
The presented facts create a complex narrative, challenging the notion of an ongoing bull market. While increased whale activity suggests buying pressure, other indicators, such as CEX inflows and the behavior of short-term holders, deviate from patterns seen in previous bull markets.
IntoTheBlock cautions against prematurely declaring a bull run, emphasizing the absence of similarities with historical market peaks in 2013 and 2017. The cautionary note suggests that the market might still be in a transitional stage, searching for a clear direction. As always, investors are reminded of the inherent volatility of cryptocurrencies, and decisions should be based on thorough research and individual financial considerations. The provided information is intended for informational purposes, and readers are encouraged to verify facts independently.
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$BTC