SHIB Targets $0.00002 as Burn Rate Sparks Bullish Momentum

Shiba Inu (SHIB) is making waves again with an 18% surge in its token burn rate, destroying 41.45 million SHIB tokens in just 24 hours. This deflationary push has reignited bullish sentiment, with the memecoin eyeing the $0.00002 price level. While short-term price action remains uncertain, the increased burn activity—driven by seven transactions, including two fractional burns—suggests growing community and developer efforts to reduce supply. Market analysts are closely watching whether this trend can sustain SHIB’s upward trajectory as it aims for new milestones.

Shiba Inu Coin Eyes $0.00002 as Token Burn Rate Surges

Shiba Inu (SHIB) has re-entered the spotlight with a notable 18% spike in its burn rate, eliminating 41.45 million tokens within 24 hours. The memecoin’s price action reflects growing bullish sentiment, though short-term trajectories remain uncertain.

Seven transactions fueled the burn activity, with two involving fractional amounts. Market observers now scrutinize whether this deflationary pressure can sustain SHIB’s momentum toward the $0.00002 threshold.

Shiba Inu Faces Headwinds as Remittix Emerges as Potential 100x Contender

Shiba Inu’s historical bull-run performance may not repeat, with analysts pointing to slowing momentum and bearish technical indicators. Despite a 16% monthly gain, SHIB struggles below the $0.000015 resistance level, while whale activity and active addresses decline sharply. The token’s descending trendline and bearish EMA stack suggest further downside risk unless key resistance is breached.

Meanwhile, Remittix gains attention as a potential high-growth alternative, offering real-world crypto-to-fiat functionality and deflationary tokenomics. As Shiba Inu’s rally shows signs of stalling, investors appear to be shifting focus toward newer projects with stronger fundamentals and adoption potential for the 2025 cycle.

SHIB Faces Resistance as Whale Activity Plummets 83%

Shiba Inu struggles below a critical resistance zone between $0.00001467 and $0.00001470, where concentrated selling pressure has stifled upward momentum. Technical analysis reveals a pattern of lower highs, signaling growing bearish sentiment despite established support NEAR $0.00001430.

Whale participation has evaporated, with large transactions collapsing 74% to 1.47 trillion SHIB this week. Liquidity contraction grips the ecosystem as inflows and outflows shrivel by over 80% monthly. Yet Optimism persists among analysts who cite Shibarium’s development as a catalyst for long-term growth.

Changelly projects a $0.0001 price target by 2029, while more speculative forecasts envision $0.01 by 2040—contingent on aggressive token burns. The memecoin exhibited characteristic volatility, swinging 3% between $0.00001425 and $0.00001469 within 24 hours.

Shiba Inu (SHIB) Price to Pump by 17%? Top Analyst Spots Breakout Signal

Shiba Inu (SHIB), the popular meme coin, is showing signs of a potential 17% price surge. crypto analyst Ali Martinez identified a symmetrical triangle formation on the 4-hour chart, a technical pattern often preceding significant price movements. The coin currently trades around $0.00001446, with critical support at $0.00001430 and resistance at $0.00001474.

Market watchers anticipate a decisive breakout, with upside potential targeting $0.000017. On-chain data reveals increasing accumulation by large holders, suggesting growing institutional interest. The combination of technical signals and whale activity creates a bullish case for SHIB’s near-term trajectory.