Shiba Inu Surges 4% on 3,484% Burn Rate Increase Pi Network Climbs 3.5% but Faces Momentum Challenges Web3 ai Raises $8.5 Million in Presale with 1,747% Potential Returns

Generated by AI AgentCoin World
Sunday, Jun 29, 2025 2:20 pm ET2min read

Shiba Inu (SHIB) experienced a significant price surge, climbing by 4% following a substantial increase in its burn rate. This burn event eliminated over 537 million tokens within a 24-hour period, with a single wallet responsible for burning more than 500 million tokens. The burn rate skyrocketed by 3,484%, providing a notable boost to the meme coin's momentum. However, despite the price increase to nearly $0.00001214, concerns remain about the sustainability of this rally. Whale activity, which is crucial for maintaining price momentum, dropped by 65%, with large transactions falling from 17.6 trillion tokens to less than 1 trillion. This reduction in whale activity raises questions about whether SHIB can sustain its gains without significant backing from large investors.

Pi Network, on the other hand, is attempting to recover from a prolonged bearish phase. On Saturday,

climbed over 3.5% but failed to cross the 50-period Exponential Moving Average (EMA) at $0.61 on the 4-hour chart. Despite this, PI managed to break above a resistance trendline drawn from the May 21 and June 11 peaks, offering some hope for a potential turnaround. Currently, PI is trading around $0.60, positioned between the broken trendline and the moving average. According to the latest Pi Network price forecast, a strong close above $0.61 could pave the way for a rise to $0.67, with a closer target at $0.66. However, the Relative Strength Index (RSI) remains flat at 49, indicating weak buying momentum. Analysts caution that a drop below $0.57 could drag PI down to $0.50, highlighting the uncertainty surrounding its price movement.

Web3 ai (WAI) is garnering significant attention in the presale market, having already raised over $8.5 million and sold nearly 24 billion WAI tokens. The project focuses on enhancing the safety and intelligence of crypto trading through features such as a scam detection system. This system analyzes smart contracts, past activity, and social media discussions to identify and flag suspicious projects, thereby protecting users from potential losses. In addition to safety features, Web3 ai offers tools for portfolio management and earning through decentralized finance (DeFi) strategies. The WAI token, currently priced at $0.000443 in Stage 9, provides early holders with access to platform perks, lower fees, and decision-making rights on future upgrades. With the listing price set at $0.005242, buyers at the current stage can anticipate up to 1,747% in potential returns. The presale is progressing rapidly through its 50 stages, with each new stage increasing the token price. The final presale stage will sell WAI at $0.003276. As demand continues to rise and funds pour in, Web3 ai is building strong momentum, positioning itself as a top crypto contender for 2025.

Looking ahead, Shiba Inu's recent gains, driven by a significant token burn, face challenges due to slowing whale activity. Pi Network shows signs of a technical comeback but still struggles with weak momentum. Among the three, Web3 ai stands out with a balanced mix of use case and early-stage opportunity. At $0.000443, WAI offers users access to tools that enhance safety and boost returns. With the presale crossing $8.5 million and continuing to rise, interest in the project is growing rapidly. Each stage will increase the token price, making early entry potentially more lucrative by the time of launch.