As of today, Thursday, May 1, 2025, the Shiba Inu (SHIB) cryptocurrency continues to attract attention in the digital currency market thanks to several exciting developments:
Significant Increase in Burn Rate
The Shiba Inu cryptocurrency has witnessed a massive increase in its burn rate, rising by 27,510% within 24 hours, with approximately 9.35 billion SHIB burned. Thus, the total amount burned from the total supply reaches about 410.7 trillion SHIB, boosting optimism for increased demand for the currency.
🎮 Shiba Eternity Game Supports Burning
Shiba Inu has launched the beta version of its game Shiba Eternity, which is a card game of the "play-to-earn" (P2E) category built on the Shibarium network. Estimates predict that the game will contribute to an increase in transactions on the network, leading to more SHIB coins being burned, especially with the use of BONE as transaction fees.
📈 Current SHIB Price
The current price of Shiba Inu is $0.00001345, with a slight change of 0.0037% over the past 24 hours.
🚀 Future Predictions
Some technical analyses suggest the possibility of SHIB's price rising by up to 1,700% if the current resistance level is breached, potentially pushing the price to $0.0004729. With Bitcoin's dominance declining, capital may flow into alternative coins like SHIB.
✅ Conclusion
Shiba Inu shows positive momentum thanks to increased burn rates, the launch of the Shiba Eternity game, and bullish technical predictions.