$SHIB has not been doing well recently. As the second most popular meme coin, $SHIB is now the 13th largest cryptocurrency with a market value of $7.86 billion. SHIB is now trading at $0.00001417, and it has fallen 4.16% in the past day. However, some people predict that the price of SHIB will rebound, saying that it will rise to $0.00002191 on August 15, which is a direct surge of nearly 60% from the current price! Although it sounds like a dream, SHIB has experienced such a crazy rise before, so it is not completely impossible this time. Why is this happening? The good news is that SHIB is destroying a large number of tokens, which is like reducing the supply on the market, and the price will naturally go up. In the past 24 hours, more than 3327% of the tokens have been destroyed, and a total of more than 100 million tokens have been destroyed. This is a big move! But then again, the cryptocurrency market is now like a roller coaster, up and down, and it is particularly unstable. Therefore, although SHIB may rise, it may also encounter resistance. It is hard to say what the trend will be in the next few days. Let's wait and see!