Shiba Inu Price Prediction as Burn Rate Surges Over 12,000% Amid Market Dip

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Shiba Inu Price Prediction as Burn Rate Surges Over 12,000% Amid Market Dip

The cryptocurrency market experienced a sharp decline today, with the overall market dropping by 5%. The meme coin sector took an even harder hit, losing nearly 9%, while several individual projects fell by 8% to 14%.

However, Shiba Inu (SHIB) showed resilience, recording only a 3% decline—suggesting relative strength amid broader market turbulence. Despite the dip, SHIB remains in a bullish position as the tokens burn rate has surged dramatically.

Source – 99Bitcoins YouTube Channel

Shiba Inu Price Prediction

According to the data source, over the past 24 hours, the burn rate of the second-largest meme cryptocurrency, Shiba Inu, has skyrocketed by 12,278.89% thanks to a total of 115,890,322 SHIB getting moved to unspendable wallets.

This aggressive burn activity may be helping SHIB maintain its stability while other assets suffer steeper losses. As burn rates accelerate, speculation is growing about the long-term price potential of SHIB.

Achieving the highly anticipated $0.01 milestone would require eliminating three decimal places from its current valuation. While this may seem ambitious, historical market trends suggest that such a move is not entirely unrealistic.

At its peak, SHIB reached a market cap of $41 billion. Even at that level, it remained far from the $0.01 target. However, with continued token burns reducing supply, a return to similar market cap levels could push SHIB closer to the $0.01 threshold.

Adding to the bullish outlook, SHIB‘s Layer 2 network, Shibarium, has achieved a significant milestone—surpassing one billion transactions in just 18 months. This highlights the growing utility of the Shiba Inu ecosystem, reinforcing the project’s long-term vision beyond being just a meme coin.

Current technical indicators present a mixed picture for SHIB. The moving average signals a strong sell, while overall sentiment remains neutral. However, given SHIBs performance relative to the wider market, bullish momentum could build if the broader crypto space stabilizes.

With SHIBs burn rate surging and its ecosystem expanding, optimism remains high within the community. If these trends continue, Shiba Inu could be poised for a strong recovery, potentially reigniting discussions about its long-term price targets.

Best Altcoin to Buy: MIND of Pepe (MIND)

MIND of Pepe (MIND) isn‘t just another AI token riding the hype—it’s actually building something. The team has shared updates across multiple X posts, highlighting progress on its “crypto-native intelligence engine.”

For those unfamiliar with its presale, MIND of Pepe is a crypto AI agent designed to scan, analyze, and interact with blockchain networks, dApps, and social platforms. It works independently, delivering real-time insights to help $MIND holders spot opportunities and make smart, profit-driven decisions.

At first glance, the interface may seem similar to ChatGPT, but this AI is built for crypto. Its large language model (LLM) is trained specifically on market trends, using data from over 60,000 tweets and 3,000 carefully selected insights. It speaks the language of crypto fluently.

The team recently explained how the engine works. MIND of Pepes AI is fine-tuned for crypto, meme culture, and market movements. It also integrates Retrieval-Augmented Generation (RAG), allowing it to pull real-time data from external sources instead of relying only on pre-trained knowledge.

REST API integrations further enhance its capabilities by connecting Pepe‘s $MIND to live market feeds. This means it delivers insights based on the latest developments, not outdated information. For investors, $MIND isn’t just another token—it funds an AI project designed to benefit crypto traders.

So far, it has raised $7.8 million, with all funds going toward the AIs development and market intelligence system. Right now, $MIND is available in its presale at $0.0036671 per token, but this price is locked for 1 day and 15 hours before the next funding round increases the rate.