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Exciting Crypto News
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🚨Shib Inu ($SHIB )= $3.5 ? 🚨
Is Shiba Inu Ready to Reach New Heights? Can SHIB Soar to $3.5 After Bitcoin Hits $100K? 🚀
$SHIB

The world of cryptocurrency is buzzing with excitement, and at the center of this energy is Shiba Inu (SHIB) – a token that’s been attracting massive attention due to its rapid growth and potential for significant price increases. With Bitcoin hitting an all-time high of $100,000, many crypto enthusiasts are asking: Could Shiba Inu be the next big winner? Let’s dive into the current trends, Shiba Inu’s potential, and explore what might be next for this beloved meme coin.
1. Where Does Shiba Inu Stand Right Now? 📊
Shiba Inu (SHIB) is currently priced at $0.00003148, with a remarkable 24-hour trading volume of $3.81 billion and a market cap of $18.55 billion. Despite its relatively low price, SHIB has proven itself to be a force in the crypto world. In the last 24 hours alone, the price has seen a modest rise of 3.21%, demonstrating a consistent uptrend.
Historically, SHIB’s price peaked at $0.00008819 on October 28, 2021, and its lowest recorded value was $0.0000000005637 back in November 2020. As of now, SHIB’s price has fluctuated between a recent low of $0.000005821 and a high of $0.00004501.
With a circulating supply of 589.26 trillion SHIB, the token’s inflation rate is impressively low, at -0.02% annually. This deflationary aspect is one of the key factors driving the coin’s value. The market sentiment is currently bullish, with the Fear & Greed Index sitting at 84, indicating extreme optimism among investors.
2. Shiba Inu's Strong Link to Bitcoin 🪙
One of the most intriguing aspects of Shiba Inu’s price movement is its close correlation with Bitcoin. The two assets have a strong positive relationship, with a correlation coefficient of 0.71. This means that SHIB often mirrors Bitcoin’s price fluctuations.
When Bitcoin recently surged past the $100,000 mark, Shiba Inu followed suit, climbing to $0.00003268 – its highest price in months. This behavior suggests that SHIB could ride Bitcoin’s coattails in future bull markets, potentially driving its price higher as Bitcoin consolidates its dominance in the crypto space.
3. The Power of Token Burns: Deflation at Play 🔥
Another key factor contributing to Shiba Inu’s growth is the ongoing token-burning strategy. Over 410 trillion SHIB tokens have been permanently removed from circulation, reducing the total supply to around 583 trillion. This deliberate reduction in supply creates scarcity, which could increase the value of the remaining tokens.
The Shiba Inu community’s aggressive burning strategy adds a deflationary element to the ecosystem, which is appealing to long-term investors. The fewer tokens in circulation, the higher the potential for price appreciation.
Moreover, the broader Shiba Inu ecosystem is flourishing. ShibaSwap, the decentralized exchange, and Shibarium, the layer-2 network, have been key drivers of SHIB’s growing utility. ShibaSwap alone boasts an impressive asset pool worth over $26 million, while Shibarium has processed nearly 600 million transactions. These platforms not only increase SHIB’s usability but also burn SHIB tokens with every transaction, amplifying the deflationary effect.
4. What Does the Future Hold for SHIB? 🔮
The future of Shiba Inu looks promising, fueled by a combination of factors. Its price often mirrors Bitcoin’s movements, which could lead to substantial gains as Bitcoin strengthens. In addition, the token-burning mechanism continues to reduce the overall supply, further increasing scarcity and driving SHIB’s value.
Shiba Inu’s rapidly expanding ecosystem, including ShibaSwap and Shibarium, offers increasing use cases and transaction fees, which are converted into SHIB tokens and burned. This creates a cycle of growth and deflation that positions SHIB for long-term price appreciation.
5. Could SHIB Ever Reach $3.5? 🤔
While the idea of Shiba Inu hitting $3.5 seems far-fetched under current market conditions, it’s not entirely out of the question in the distant future – but reaching this price would require monumental growth and several key factors falling into place.
Realistically, short-term goals such as $0.000037 are more achievable, especially if Bitcoin continues to perform well and the SHIB ecosystem keeps expanding. For SHIB to reach such a high price, it would need significant market adoption, a sustained reduction in its supply, and continued growth in its ecosystem and use cases.
6. Conclusion: The Path Forward 🚀
While $3.5 per SHIB may be an ambitious target for now, there are several positive signs pointing to continued growth. With its strong connection to Bitcoin, a deflationary tokenomics model, and an ever-expanding ecosystem, Shiba Inu has the potential for price increases.
In the short term, realistic targets like $0.000037 could be within reach, with potential for higher gains if SHIB continues to benefit from Bitcoin’s rallies and the growth of its ecosystem. Patience, adoption, and a consistent reduction in supply will be key to SHIB’s long-term success.
The road ahead for Shiba Inu looks bright, but as always, it’s important to remember that cryptocurrency investments carry risk. So, keep an eye on the market and enjoy the ride! 🌟
#BTC100K! #CryptoHistoricMoment #CryptoMarketHype #CryptoZombieUprising #shiba⚡
$BTC

$ETH
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U.today
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Bitcoin (BTC): Goodbye to $100,000? Shiba Inu (SHIB) Explosive Top Comeback, Solana (SOL) to Atte...
An obstacle has been encountered inBitcoin's ascent to the elusive $100,000 milestone, prompting traders and investors to wonder what is preventing the top cryptocurrency from reaching its full potential. Although Bitcoin has recently experienced bullish momentum that brought it near $100,000, the psychological barrier has not been broken. Let's investigate the causes of this hesitancy.

The market appears to be cooling off afterBitcoin's recent explosive rally. The price chart shows consolidation near the $95,000 mark, where resistance is halting additional gains. This implies that investors are going through a phase of indecision during which the enthusiasm that drove the rally may be waning. Reaching six figures is not only a technical accomplishment but also a psychological one.

As the price approaches $100,000, selling pressure increases because many investors use it as a profit-taking level. It is challenging for Bitcoin to penetrate this self-reinforcing barrier. Midterm holder profitability appears to be stabilizing, according to recent on-chain data, which frequently results in less buying pressure.Bitcoin is currently in a healthier range, according to metrics like the MVRV ratio, which raises the possibility that the market will consolidate rather than rise in the near future.

The slight decline in Bitcoin's dominance suggests that money may be shifting to other cryptocurrencies. This might be diverting some of the funds that would otherwise raise the price of Bitcoin.

Shiba Inu's unexpected rise

A potential turnaround has been hinted at byShiba Inu's unexpected 6% price increase. After battling to overcome the resistance level at $0.000033, SHIB encountered a retrace that jeopardized its upward momentum. However, a rally reversal could be facilitated by this recent uptick. However, given the state of the market, prudence is advised because SHIB needs more robust bull support to continue its upward trajectory. A breakout above the resistance level of $0.000033 could start a strong rally if SHIB acquires substantial buying momentum.

Around $0.00004, which could rekindle investor enthusiasm and spur additional accumulation, would beSHIB's next significant target. In order to accomplish this, SHIB must sustain its present volume levels and establish solid support at $0.000028. The bullish argument would be strengthened by a steady rise above important moving averages, which would bring the meme coin one step closer to its next milestone.

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Conversely, ifSHIB is unable to overcome the $0.000033 level, more downward pressure may be applied. A decline below the $0.000027 support level would probably signal a bearish reversal and could push SHIB in the direction of $0.000024 or even $0.000021. This situation could be made worse by weak on-chain signals or deteriorating market sentiment.

This would highlight how crucial it is to stay above critical moving averages in order to prevent entering a downtrend. SHIB is at a turning point. The market still requires additional proof of consistent bullish activity despite the optimism generated by its recent surge. Key levels like $0.000027 and $0.000033 should be the main targets right now.

Solana's preparation

A bullish flag pattern that can be seen on the chart may indicate that Solana is preparing for another attempt at the $300 mark. Flag patterns are important in technical analysis because they frequently indicate that the previous trend will continue after a period of consolidation.

This pattern may lead to fresh bullish momentum for SOL, particularly as it levels off around important support levels. Solana has demonstrated resilience after its recent retracement from a high of $258, and it is currently trading close to $231. Because it enables the asset to build strength and test its upcoming resistance levels, this consolidation phase is essential.

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The flag's upper boundary presents an immediate obstacle because it could allow for a spike toward $280, and ultimately $300 if it is broken. Important moving averages like the 50-day and 100-day are rising and supporting the bullish argument further.

On the down side, SOL might retest lower support levels at $202 and $187 if it is unable to breach the flag pattern. If these are broken, bullish sentiment may be tempered, and a more significant correction may result. However, the foundations of Solana and its robust ecosystem growth continue to be key factors in its possible recovery. Solana is still consolidating within the flag, and the market is waiting for a clear move. The value of $300 is a realistic target because a successful breakout could rekindle bullish momentum.
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Moon5labs
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Shiba Inu Community Stunned by Massive 144,045% SHIB Burn Surge
SHIB Burn Reaches Record Levels
According to data shared by Shibburn, the burn rate of SHIB tokens has skyrocketed over the past 24 hours, marking an astounding 144,045% increase—the highest in a long time.
This surge in burn activity not only set a daily record but also contributed to a significant weekly increase, thanks to the persistent efforts of the Shiba Inu community.
144,045% Burn Rate Increase in 24 Hours
In the past 24 hours, more than 2,041,299,351 SHIB tokens were permanently removed from circulation by being sent to unspendable blockchain wallets. This massive burn was primarily driven by a single transaction that destroyed 2,020,624,700 SHIB.
In addition to this major transfer, two smaller transactions burned 18,998,748 SHIB and 2,520,176 SHIB, respectively.
Over the past week, a total of 4,251,012,135 SHIB tokens have been burned, representing a weekly burn rate increase of 1,990.39%. The Shiba Inu community enthusiastically welcomed these developments with a wave of bullish comments.

New Burn Mechanism Introduced in Shibarium Update
The Shiba Inu development team recently rolled out a significant upgrade for the Heimdall and Bor hard forks, initially integrated earlier this year. This upgrade, compatible with Ethereum’s Dencum fork, focuses on improving security, efficiency, and blockchain management within the Shibarium ecosystem.
Part of the update includes a new SHIB burn contract designed to further reduce the circulating supply and add “value to holders.” However, specific details about this burn mechanism have yet to be disclosed.
SHIB Price Surge
On December 4, Shiba Inu—the second-largest meme cryptocurrency by market capitalization—saw its price rise by more than 10%, climbing from $0.00002757 to $0.00003060.
Goal to Push SHIB into the Top 5 Cryptocurrencies
Shytoshi Kusama, the enigmatic founder of Shiba Inu, recently stated that he is working tirelessly to propel SHIB into the top 5 cryptocurrencies without relying on a large marketing budget. This statement came shortly before XRP moved into the top three cryptocurrencies.

#Shibarium , #SHIBburn , #MemeCommunity , #memecoin🚀🚀🚀 , #CryptoNewss

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
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Bob Hourani
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Bikovsko
$SHIB i am telling you! 13 mins left for takeoff!
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Anasta Maverick
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$SHIB News Update

1,003,000,000 $SHIB Burned in One Hour – What’s Driving This Surge?

In a remarkable development, over 1.2 billion SHIB tokens were removed from circulation within the past 24 hours, including 1 billion SHIB burned in a single hour. This massive reduction in supply has resulted in a staggering 2,050% surge in SHIB’s burn rate. A total of 1,282,587,181 SHIB tokens were sent to unspendable wallets, underscoring the community's commitment to deflationary mechanisms. This accelerated burn rate highlights ongoing efforts to reduce token supply and increase scarcity, fueling renewed interest among investors.

Binance Web3 Wallet Revolutionized with DIN Technology

Binance is setting a new standard for blockchain user experience by integrating Decentralized Identification Numbers (DIN) into its Web3 Wallet Airdrop Campaign. This cutting-edge innovation is transforming how users engage with blockchain ecosystems by enhancing trust, security, and usability.

Key Innovations with DIN Technology:

Streamlined Authentication: DIN replaces traditional seed phrases with unique, immutable identifiers, simplifying wallet management while maintaining robust security and privacy.

Enhanced Airdrop Accessibility: DIN ensures a seamless and secure process for users to claim airdrops, reducing fraud and ensuring rewards are allocated correctly.

Cross-Platform Interoperability: By enabling unified on-chain identities, DIN fosters greater interoperability within and beyond the Binance ecosystem.

By adopting DIN technology, Binance’s Web3 Wallet is redefining decentralized wallet standards, driving mass adoption of blockchain through a user-friendly and secure framework. This move positions Binance as a leader in blockchain innovation, setting a benchmark for decentralized wallet solutions.

#BitwiseFiles10ETFs #BinanceBNSOLPYTH
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Bob Hourani
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Bikovsko
33 mins and $SHIB will have a hugeeeee jump strust my words!! 33 mins!
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Crypto De Nostradame
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Bikovsko
Good news from Shiba Inu (SHIB): Is the rally starting?

More than 7,500 new Shiba Inu wallets were created on Sunday, raising expectations for the popular memecoin. This development marks a huge 214 percent increase in SHIB’s average daily growth rate. This extraordinary increase shows that interest in the SHIB ecosystem is growing. With the increasing interest in the ecosystem, the native token $SHIB could see sharp increases in the upcoming bull season.
This increase in new wallet creation was not an ordinary situation for #SHIB . Historically, the popular altcoin has had a stable daily growth rate. However, the activity experienced on Sunday indicated a large increase in a single day and showed that there are new participants in the ecosystem.
This increase did not only reflect the growth seen in previous years, but also exceeded it. In January 2023, despite market volatility, SHIB’s wallet growth continued at a healthy pace. According to CoinMarketCap data, on January 13, 2022, SHIB’s unique address count hit a record high of 1,136,080. This represented 72,222 new wallets added, up from 1,063,858 on December 15, 2021, which is an average of 2,407 new wallets per day.
According to data from crypto analytics platform Santiment, 7,548 SHIB wallets were created on Sunday alone. This number represented a 214.5% increase compared to the number of addresses added daily on the #ShibaInu network.
“Such network growth indicates strong audience engagement and enthusiasm,” Santiment said. He added, “In the short term, there may be increased volatility as retail investors flock to the ecosystem. However, the increased level of activity on any blockchain is a promising sign in the long term.” The recent increase in Shiba Inu’s network activity reflects a change in the project’s development and adoption.
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Crypto Mania News
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Whale Burns Large amount of SHIB in a Single Hour 🔔

price surge coming 📣

Shibburn, a popular blockchain wallet tracker, revealed that an anonymous whale recently burned 2,020,624,700 Shiba Inu (SHIB) coins in a single transaction. Despite this massive burn, SHIB’s price continues to struggle, hovering below the $0.00003 level after falling from $0.00003316 earlier this week.

🔥 *Over 2 Billion SHIB Incinerated*
In the past 24 hours, the Shiba Inu community collectively burned 2,022,950,833 SHIB through seven transactions. The largest contribution came from one anonymous whale, who sent over 2 billion SHIB to a dead wallet in a single move. Despite its scale, the transaction's fiat equivalent was only $59,608. The second-largest burn involved just 900,000 SHIB.

📈 *Burn Rate Surges*
These burns pushed SHIB's burn rate up by 3,162.56%. Many speculate that the massive burn was conducted by @Shibtoshi_SG, the founder of SquidGrow, who also burned over 1 billion SHIB last week. Combined efforts in the previous month led to 3.16 billion SHIB being destroyed.

While debates over burning strategies persist, lead developer Shytoshi Kusama reiterates that increased utility on Shibarium will naturally boost burns. Developer Kaal Dhairya has also hinted at upcoming improvements to the burn mechanism following maintenance.

#2024WithBinance #write2earn $SHIB #shib
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U.today
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Shytoshi Kusama Triggers SHIB Army With 1 Billion USD Wallet SHIB Burn Tweet
Shytoshi Kusama, the enigmatic lead of the Shiba Inu team, has triggered a mixed reaction from the SHIB community with what seems to be a sarcastic tweet about SHIB burns.

He has also retweeted a post on the upcoming update of the automated SHIB burn system that the Shiba Inu team plans to implement soon.

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"Burn from billion dollar wallet"

The pseudonymous lead developer shared his excitement about “a burn came from the billion dollar wallet, pre-announced.” But then he hinted that there was actually no burn and “that wallet is still frozen in time.” “Ok, back to work then,” he said, signing off.

I am so excited to hear that a burn came from the billion dollar wallet, pre-announced. Oh...it didn't? That wallet is still frozen in time? Ok, back to work then.

— Shytoshi Kusama™ (@ShytoshiKusama) November 30, 2024

The SHIB community reacted in a mixed manner with some posting GIFs, showing they were laughing their heads off, while others began criticizing Kusama and revealing the original tweet that Shytoshi referred to.

It was a tweet published by @Shibtoshi_SG, the founder of the SquidGrow meme coin, who seems to be positioning himself as a SHIB influencer and challenging Kusama’s authority on X. The CEO commented on the recent 61 million SHIB burn, saying that he was raising it to 1 billion coins.

Many also sent critiques at Shytoshi Kusama for lack of progress with SHIB burns and Shiba Inu development in general.

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SHIB devs burn 300 million SHIB monthly: Major SHIB developer

Kaal Dhairya, the top SHIB pseudonymous dev and the right hand of Shytoshi Kusama, has published a tweet about what is happening with the current automated system of Shiba Inu burns.

He made that post as a comment in a debate on the X app under Kusama's recent post. Dhairya stated that the “semi/auto” burns have been working for months now, removing more than 300 million SHIB from circulation every month. The developer said that yesterday, he burned more than 80 million — these funds come from Shibarium gas fees paid in BONE.

Before you start spreading misinformation, maybe do some research. The semi/auto burns have been working for months, burning over 300M+ SHIB—in fact, I just burned 80M+ SHIB a few minutes ago and enjoyed the cool animation at the end. Soon, the burn will go into maintenance to… pic.twitter.com/qYF4cJfu1R

— Kaal (@kaaldhairya) November 29, 2024

However, the developer warned that the burn system is going down into maintenance soon “to introduce an even better, cheaper burn mechanism.” First, he said that it would be running on Shibarium itself but then Dhairya corrected himself to say that SHIB burns will still be taking place on the Ethereum chain so far. But they are planning to improve that later.
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