• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Great surprise for Shiba Inu investors! This figure surprises
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Altcoin News > Great surprise for Shiba Inu investors! This figure surprises
Altcoin News

Great surprise for Shiba Inu investors! This figure surprises

vitalclick
Last updated: March 15, 2025 3:05 pm
2 months ago
Share
SHARE

Shiba Inu continues to attract the attention of investors with token burning operations in recent weeks. In the last seven days, the burning of 535 million SHIB strengthened the expectations of price increase with the reduction of supply. The price increased by more than 2 %in the last 24 hours has led to positive expectations among market participants. Experts, if the existing technical levels are exceeded, Shiba Inu can reach higher values, he says.

Shiba Inu Token Burns and Supply EffectTechnical Analysis and Possible Price Movements

Shiba Inu Token Burns and Supply Effect

Last weekly data show significant supply contraction in the Shiba Inu ecosystem. The burning mechanism reduces circulatory supply by increasing the number of tokens sent to dysfunctional wallets. This process stands out as an important element that can have positive effects on price for long -term investors.

So far, a total of 410 trillion shibs have been burned. The destruction of an average of 5.11 million toks per day is considered as a factor that can change market dynamics. Protection of supply-demand balance can help to continue investor interest. Market analysts think that the price of low supply can support upward in the long run.

On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!

Technical Analysis and Possible Price Movements

Analysts, Shiba Inu’nun technical indicators by drawing attention to the price is approaching critical levels, he says. According to technical analyzes, if the price exceeds the points of resistance, a possibility of an increase up to 22 %may arise. The formation seen in short -term graphs indicates that the new peaks can be seen if the upward break is realized.

According to a statement by Rose Premium Signals, Shiba Inu is forcing the upper resistance zone of a 4 -hour graph. If the price exceeds the specified levels, investors may expect a larger price movement. Technical indicators continue to give bull market signals.

Another factor that increases the interest in Shiba Inu is the tendency to recover in the general crypto currency market. Bitcoin in recent weeks $83,921.55 and Ethereum $1,929.24 The rise of large crypto currencies, such as, also affects the Altcoin market positively. Investors closely follow the balance of supply and demand and make estimates for future price movements.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

You Might Also Like

Crypto currency world is talking about Trump’s step! “Knife” interpretation from Solana founding partner!

Has the Altcoin bull started? Interesting Ethereum Data Historical Signal

Binance Expands Trading Support for DOGE, PEPE, and SHIB

Ripple CEO rebelled, why was the Washington meeting?

Analyst: This Altcoin, which everyone knows, will be of the throne

TAGGED:Altcoin
Share This Article
Facebook Twitter Email Print
Previous Article Solana Holders Look to This New $0.02 Crypto Set to Surge as SOL Falls Under $100
Next Article Cardano (ADA) Whales Buy 130M Tokens, Bull Run Incoming?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?