😱🔥Shiba Inu Coin makes a big move! 284 million coins destroyed ⚠️ Will the price soar in May? 🐶🚀

Shiba Inu Coin (SHIB) has dropped nearly 40% in the past year, but May 2025 could be a turning point! 🔥 At the end of April, the community destroyed 284 million SHIB in just 24 hours, sending a strong signal of value recovery. However, whether this is enough to reverse the trend remains to be seen based on further market reactions.

🐾 Brief background of SHIB

Shiba Inu Coin was born in July 2020, created by an anonymous person known as Ryoshi, and is a “competitor” to Dogecoin. Although its ecosystem includes the ShibaSwap decentralized exchange and the Layer-2 network Shibarium, its core uses remain traditional: transfers, liquidity, payments, etc. Lacking unique application scenarios, it has always been viewed as a highly speculative “meme coin.”

🔥 Can the May trend turn around?

📉 Current price: $0.0000127 (May 5)

📊 Decline in the past week: -8.86%

✅ Slight increase in the past month: +2.83%

🚨 Past 24 hours: -2.2%

Overall, while the market remains full of uncertainty, the token burn and the team's proactive dynamics have sparked some investors' optimistic expectations.

📉 Predictions are mixed:

Institutional forecasts conclude with a neutral to bearish price prediction of $0.00001319 on CoinCodex, Wallet Investor is optimistic with a peak of $0.0000152, and DigitalCoinPrice conservatively maintains around $0.0000135.

✅ Is it worth investing?

If you can accept high risk, SHIB still has speculative potential. However, its long-term value depends on whether projects like Shibarium can truly materialize. May could be a litmus test, and it's essential to clearly assess your own risk tolerance before investing.