Shiba Inu Burn Rate Surges 112,000% Removing 116 Million Tokens Ethereum Drops 10% to $2,507 After Failing to Hold $2,740 Resistance Cold Wallet Presale Price Climbs 4,900% to $0.00906

Generated by AI AgentCoin World
Thursday, Jun 19, 2025 12:37 pm ET1min read

Shiba Inu (SHIB) has experienced a significant surge in its burn rate, reaching an 112,000% increase, which resulted in the removal of approximately 116 million SHIB tokens from circulation. Despite this substantial reduction, the price of SHIB remains relatively stable, hovering around $0.0000119, with a slight decrease of about 2% over the past week. On-chain data indicates that SHIB has maintained a key support level near $0.000012, suggesting potential for an upward movement if it can break through to $0.000016. The launch of Shibarium and increased developer activity point to growing utility, but sustaining this momentum will be crucial for future growth.

Ethereum (ETH) has recently faced a decline, dropping to around $2,507, its lowest point since failing to hold the $2,740–$2,760 resistance zone. This correction has pushed prices below key moving averages, with indicators like RSI and MACD signaling oversold conditions. The current price range between $2,490–$2,550 is critical: a break above this range could trigger a rebound toward $2,674–$2,730, while a drop below $2,440 may lead to further declines. Investors looking to enter the market may find this stabilization phase an opportunity to position themselves around solid support levels. A recovery above $2,550–$2,580 could confirm renewed momentum, making it a potentially strategic time for long-term investment.

Cold Wallet (CWT) is emerging as a standout performer in the crypto market, offering real-world utility that sets it apart from other projects. With a chat-style interface, multi-chain control, and zero-knowledge privacy,

Wallet provides users with a secure and private way to manage their crypto assets. Currently in stage 14 of its presale, is priced at $0.00906, with a projected launch price of $0.35, offering a potential return on investment of nearly 4,900%. Unlike many other projects that rely on roadmap promises, Cold Wallet is already live in prototype form, allowing users to experience its interface and key features. The presale window is closing quickly, and prices are expected to rise with each stage, making it a high-upside opportunity for early buyers.

When comparing the current performance and potential of Shiba Inu, Ethereum, and Cold Wallet, it becomes clear that Cold Wallet stands out as the best-performing crypto today. While SHIB's rally is driven by speculation and Ethereum's volatility could go either way, Cold Wallet offers tangible technology and growing adoption. With its privacy-first features, multi-chain control, and a fast-climbing presale price, CWT provides both utility and long-term value, making it a strong contender in the current crypto landscape.