Shiba Inu: Over Half of SHIB Holders Now Underwater - Will Shibarium and UAE Partnership Turn the Tide? 

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Shiba Inu: 57% of Holders Underwater - Is a Whale Purge or Pump Incoming?

Over 57% of Shiba Inu holders are currently nursing losses after the recent market dip. While this is concerning, it’s significantly less than the 90% seen in late 2023. Does this suggest SHIB is more resilient now, or are we just delaying the inevitable? With 10 wallets holding over 61% of the supply, the potential for massive volatility is undeniable. Will these whales trigger a catastrophic dump, or are they strategically accumulating, ready to ignite the next bull run?

Shibarium boasts over 900 million transactions, and the UAE partnership adds legitimacy. Do these developments outweigh the current market downturn? Could this be the calm before the storm, a prime buying opportunity before SHIB explodes? The recent 1000%+ surge in the SHIB burn rate is also intriguing. Is this a sign of things to come, or just a temporary flicker of hope?

Let’s discuss. What are your price predictions for SHIB in the short and long term? Is the burn rate significant enough to impact price? What role will the whales play in SHIB’s future? Share your insights and let’s unravel the future of Shiba Inu.
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