Bitcoin Veteran Issues Stark Warning: Shiba Inu Faces Extinction Without This Critical Catalyst
A prominent Bitcoin strategist just dropped a bombshell assessment on meme coin darling Shiba Inu—calling its current trajectory unsustainable without a fundamental shift.
The Burn-or-Bust Ultimatum
The analysis hinges on tokenomics. The advisor argues SHIB's massive, stagnant supply creates perpetual sell pressure, drowning out retail enthusiasm. Without aggressive, verifiable token burns that meaningfully reduce circulating coins, the project risks fading into crypto irrelevance—another cautionary tale in a sector littered with them.
Beyond the Doge Shadow
Early success riding the coattails of Dogecoin's hype has worn thin. The market now demands utility, not just social media buzz. The call to action is clear: the development team must engineer real, on-chain scarcity or watch the community—and the price—drift toward zero. It's a brutal reminder that in crypto, even the shiniest meme can tarnish fast when the underlying math doesn't add up.
One cynical take? This is just finance with a dog filter—where the 'woof' sounds more like a whimper without a tangible burn mechanism to back it up.
A prominent Bitcoin advisor has warned the Shiba Inu community that SHIB is dead unless it rebounds to a crucial support zone. As the broader crypto market anticipates a significant recovery, BingX Bitcoin advisor Nebraskan Gooner argues that Shiba Inu’s long-term outlook hinges on reclaiming a key price region.
Visit Website
