SHIB Analysis - Dogecoin Killer - Potential x10 accounts 2025-2026.
The mascot is the SHIBA INU dog breed - a Japanese hunting dog breed.
Shiba Inu (SHIB) was first launched in August 2020 by an anonymous user nicknamed "Ryoshi."
Shiba Inu is an Ethereum-based ERC-20 token. ERC-20 is a popular standard for issuing and managing tokens on Ethereum, allowing for easy compatibility with wallets and other services in the Ethereum ecosystem.
ShibaSwap is Shiba Inu's decentralized exchange (DEX), developed to increase participation and interaction within the SHIB community.
Mr. Elon Musk's tweets have an indirect influence on cryptocurrencies similar to Shiba.
According to recent data from Shibburn, Shiba Inu burning rates have increased by a significant 1009% over the past day, resulting in 29.11 million SHIBs being removed from circulation. The sharp increase in token burning, a strategy intended to improve SHIB's financial momentum, has effectively reduced the available market supply of the cryptocurrency.
As the burn rate increases, SHIB prices also increase, reflecting general market fluctuations. This significant increase has attracted significant attention from investors, sparking heated discussions and optimistic forecasts about Shiba's potential future price.
Shiba Inu Coin has climbed to 11th place in the cryptocurrency market capitalization rankings. Now valued at $13.4 billion, its trading activity has skyrocketed.
The current meme trend is receiving extremely large cash flows. SHIB benefits.
It is a story to lead new generations of F0 into the market with abundant liquidity.
Currently the shark behind is Wintermute and many large funds.
The percentage of cold wallets holding SHIB is about 30%, which is very high. (stored but not yet sold on the floor, so there is still motivation to increase prices)
You can consider beautiful entry points.
In the short term, the price can break the nearest old peak x2 the current price. (4466) is equal to the price when listed in 2021.
Mid-term break ATH 8854. x4 times account.
During boom times, x10 memes are normal.
