Shiba Inu Hits 5–6% Price Gain Amid 48,244% Burn Rate Surge

Shiba Inu (SHIB) has recently seen significant token burn activity, with a total of 85.7 million tokens burned, marking a 48,244% increase in burn rate over a short period. This large-scale reduction in supply has led to a temporary 5–6% price increase, with the coin trading at around $0.0000141 as of the latest data. The burn activity primarily stemmed from yield farming and is seen as a key factor in improving the coin's fundamentals and potentially influencing price forecasts for the coming years [1].

Analysts from various platforms have provided price projections for SHIB in 2025. CoinCodex anticipates a price of approximately $0.00001375 by September 9, 2025, while DigitalCoinPrice forecasts a range of $0.0000120 to $0.0000296, with an average of $0.0000289. CoinPedia, on the other hand, predicts a more optimistic target of up to $0.00006392 by 2025. According to CoinCentral, a breakout to $0.0000254 could occur if the burn activity continues and whale movements remain supportive [2].

The recent price action aligns with broader trends in the Ethereum-based token ecosystem, which accounted for over 91% of all NFT sales in the last month. This growth underscores the potential for SHIB to benefit from increased adoption and utility, particularly through the development of Shibarium, the native smart contract platform of the Shiba Inu ecosystem. Analysts suggest that if SHIB can break through a key resistance level at $0.0000159, it could lead to further upward movement [3].

Despite the positive outlook, SHIB remains highly volatile and speculative, with analysts emphasizing the importance of monitoring market sentiment, regulatory changes, and on-chain activity. The token’s future is closely tied to the success of its ecosystem, including staking on ShibaSwap and the development of Shibarium. However, investors are cautioned about the risks associated with holding SHIB, particularly due to its classification as a meme coin and the unpredictable nature of the broader crypto market [4].

In summary, SHIB’s recent token burn has generated optimism among analysts and investors, who believe that continued supply reductions, whale activity, and ecosystem growth could support a significant bull run by 2025. While the price is currently trading near $0.0000141 with a 24-hour trading volume of approximately $360 million, the road ahead will depend on the ability of SHIB to maintain momentum and break through key resistance levels [5].

Source: [1]title1.............................(https://coinmarketcap.com/community/articles/689dc6584488135b820850d7/)