Could SHIB Price Skyrocket 150%? Burn Rate and Bullish Signals Suggest It Might
Posted: Sat Mar 08, 2025 11:55 am
Shiba Inu burn rate rockets over 3,200%, but can SHIB price really surge 150%? The MVRV-Z score suggests a potential rebound, mirroring the 215% surge seen last year. However, the broader meme coin market is down, with DOGE, PEPE, and FLOKI all taking hits. Is this a buying opportunity, or a sign of further decline? What are your thoughts on SHIB's potential in the current market? Is the burn rate enough to offset the downward trend? Could this be the start of another meme coin bull run, or are we headed for a deeper bear market? Share your predictions and analysis below. Let's discuss the future of SHIB and the meme coin landscape.