- Fri Feb 14, 2025 1:11 pm
#21045
Shiba Inu Burn Rate Explodes: Is This the Turning Point?
Shiba Inu burned 13 million SHIB in a single transaction, a staggering 1,842% increase in the daily burn rate. With SHIB currently signaling oversold conditions, is this the catalyst for a major price reversal? Could this aggressive burn strategy finally deliver the price appreciation SHIB holders have been waiting for?
Large transactions are surging, yet the RSI indicates we are in oversold territory. Does this discrepancy suggest a whale is manipulating the market, or are we seeing genuine accumulation before a breakout? What do you think this means for the short-term and long-term future of SHIB?
While Dogecoin seems to be outperforming SHIB significantly over the past year, could this surge in burn activity close the gap? Is SHIB positioned for a period of rapid growth, or is Dogecoin’s dominance likely to continue? Share your predictions.
Considering the current market dynamics, the increased burn rate, and the oversold conditions, what price target do you foresee for SHIB in the coming months? Is this the beginning of a bull run, or just a temporary reprieve before another downturn? Let’s discuss.
Shiba Inu burned 13 million SHIB in a single transaction, a staggering 1,842% increase in the daily burn rate. With SHIB currently signaling oversold conditions, is this the catalyst for a major price reversal? Could this aggressive burn strategy finally deliver the price appreciation SHIB holders have been waiting for?
Large transactions are surging, yet the RSI indicates we are in oversold territory. Does this discrepancy suggest a whale is manipulating the market, or are we seeing genuine accumulation before a breakout? What do you think this means for the short-term and long-term future of SHIB?
While Dogecoin seems to be outperforming SHIB significantly over the past year, could this surge in burn activity close the gap? Is SHIB positioned for a period of rapid growth, or is Dogecoin’s dominance likely to continue? Share your predictions.
Considering the current market dynamics, the increased burn rate, and the oversold conditions, what price target do you foresee for SHIB in the coming months? Is this the beginning of a bull run, or just a temporary reprieve before another downturn? Let’s discuss.
- By Anonymous