SHIB Burn Rate Goes Parabolic — What's Fueling the Fire?
Portfolio Pulse from
Shiba Inu experienced a massive 50,000% surge in token burn rate, with a mysterious user destroying 1.027 billion tokens. The burn mechanism, combined with Shibarium's progress and potential DeFi platform launch, has analysts predicting significant price appreciation ranging from 115% to 1,100%.
March 27, 2025 | 3:30 pm
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POSITIVE IMPACT
Significant token burn and Shibarium's growth could drive SHIB price higher, with analysts predicting substantial appreciation.
Token burn reduces supply, potentially increasing price. Shibarium's growth and DeFi platform launch add positive momentum. Multiple analysts predict significant price appreciation.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100