SHIB News: Potential Rebound in Sight Despite Recent Price Drop

Shiba Inu Could Rebound Despite Recent Pullback

Shiba Inu’s price has retreated in the last three days, falling by 20% from its highest level last week to $0.00001270. The ongoing pullback is attributed to fear among stocks and crypto investors, as US equities plunged on Friday with the Dow Jones and S&P 500 falling by over 2%. The crypto market also dived, with Bitcoin plummeting from near $89,000 to below $82,000. Despite this, Shiba Inu’s burn rate has risen by 30% to 2.01 million in the past few days. The market cap of all cryptocurrencies has dropped to $2.7 trillion, while the crypto fear and greed index has moved to 24.

Shiba Inu (SHIB) Has Over 800 Millionaires Today, Potential for Triple by 2025?

Shiba Inu has captivated investors for several years, fostering a community of dedicated followers and generating millionaires. As of March 2025, 947 SHIB holders possess portfolios valued at $1 million or more. SHIB’s consistent price increase from $0.000010 to $0.000016, representing a 53.65% gain over the past year, underscores this surge in millionaires. The acquisition of more SHIB by whales raises the question of whether the number of SHIB millionaires could triple by the end of 2025. However, the landscape of crypto investment is evolving, with investors now seeking projects with real-world utility, such as Rexas Finance (RXS). Unlike SHIB, which relies heavily on hype and community momentum, RXS addresses a trillion-dollar real-world asset (RWA) market issue.

Shiba Inu Insider Explains Why SHIB Is Ready For Multi-Billion-Dollar Inflows From ‘SHIB ETFs’

The debate over whether Shiba Inu (SHIB) is ready for an exchange-traded fund (ETF) continues to gain traction in the crypto space. Despite ranking as the 17th largest cryptocurrency by market capitalization and boasting over 110 exchange listings with 212 trading pairs, SHIB has yet to receive a proposed ETF in the United States. However, its community remains steadfast in pushing for recognition. On Sunday, Lucie, the lead marketing strategist for Shiba Inu, highlighted SHIB’s readiness for an ETF, emphasizing its wide availability and ease of access and trade on major platforms.

SHIB Burn Rate Jumps 1300%: Potential 175% Gains on the Horizon?

Shiba Inu (SHIB), the popular meme token, has seen a massive increase in its burn rate, sparking speculation of a potential price rally. Data from Shibburn shows that SHIB’s burn rate skyrocketed by 1,300% in the past 24 hours, with over 17 million tokens permanently removed from circulation. However, this aggressive token burn has not yet translated into immediate price gains, as SHIB is currently trading at $0.00001226.