Shiba Inu Burns Through Supply—Can SHIB Actually Reach $1 After This Move?

Another round of SHIB token burns hits the market—yet the memecoin’s Everest-like climb to $1 still looks more like a pipe dream than a roadmap.

Key updates promise to tighten supply, but let’s be real: even Wall Street’s most delusional bulls wouldn’t bet their yacht on this one. Active burns or not, SHIB’s price action still dances to the tune of hype, not fundamentals.

Will this update finally tip the scales? Unlikely—but in crypto, stranger things have mooned.

SHIB price dropped over 9% in the weekly charts as meme coins went through a contraction. Sector-wide bearish trends continue to keep prices low. Stable shiba inu burn rates could have a symbolic impact, but price performance is unlikely to improve.

Meanwhile, Unilabs Finance is delivering gains as its high-utility platform performs and delivers good returns. If market sentiment continues to shift toward solid fundamentals, Unilabs may be the ultimate ticket to huge portfolio gains in 2025.

Shiba Inu Burn Rate Rises over 5000%, But With Minimal Impact

Early June 3, the Shiba Inu burn rate crossed an astounding 5200%, and helped remove over 21 million SHIB tokens from circulation. If this is continued, the 589 trillion token supply could show some tightening. However, extensive burns will be needed to push the SHIB price over the key resistance levels of $0.000012.

With the overall meme coin segment under pressure, there is little support for a bullish movement. The ShibDAO, a new governance system that gives token holders voting power, may have the potential to raise long-term stakeholder engagement. However, right now, there is little indication of improvement.

SHIB Price Unlikely To Rise Over $0.0000145

Right now, the SHIB price is at the $0.000013 price range, and a tightening supply could help push it over the resistance price range of $0.000014. The support range right now is $0.000012.

If the SHIB price rises over the $0.000014 range, it could touch the $0.000017 range. However, technical indicators mainly give bearish trends. The RSI is suggesting neutral momentum, while the MACD is signaling bearish pressure. The 50-day SMA is also supporting predictions of short-term resistance.

In short, there is little chance of the SHIB prices rising over the $0.000014 range, unless there is some meme coin-based rise in market momentum.

Unilabs Finance: DeFi-AI Combination Removes Guesswork From Crypto Placements

While the SHIB price continues to trend bearish, Unilabs Finance is offering real, practical tools designed for the average crypto trader who wants to keep their capital protected.

First in the list is Unilabs’ AI Market Pulse. This tool explores the crypto markets in real-time to identify opportunities, track token movements, and flag major trends to help investors pick their risk preference and invest in funds.

The platform also has an Early Access Scoring System that ranks projects on multiple factors, including team credibility, use-case potential, tokenomics, and market sentiment. This dynamic system simplifies decision-making by presenting clear, data-backed ratings for crypto projects.

The Meme-coin Identification Tool helps to identify the most promising growth opportunities in the meme coin segment. For the more high-risk investors, its risk allocation tool utilizes an advanced meme coin identification algorithm.

Instead of chasing meme coins based on hype, traders can use this tool to make smart, informed decisions backed by real data.

Finally, Unilabs also allows traders to earn passive income by staking their UNIL tokens and through a five-level referral program. Whether they are holding long-term or building a network, these features create multiple income streams beyond just trading.

Key Takeaway

While the SHIB price outlook remains pessimistic despite ongoing efforts to increase network utility and user engagement, Unilabs Finance is offering real value in the FORM of a strong user user-friendly platform and income-generating features. It is emerging to become the altcoin to hold for massive gains in 2025.

With over $2 M raised in just two presale rounds, Unilabs (UNIL) is gaining strong momentum. UNILs are available at a discounted price of $0.005, while the platform already has over $30 million in assets under management.

For more information about Unilab Finance, visit the links below:

: https://www.unilabs.finance

: Unilabs Telegram