🚨Explosive Rebound Warning! The Secrets Behind the Soaring Shiba Inu Coin, May May See Historical Surge?
Shiba Inu (SHIB) reignites market sentiment once again, with a surge in token burns and a return to historical growth, May is expected to trigger a new round of increases!
🔥Burn Rate Soars 364%, Deflationary Effect Fully Activated!
In the past week, over 330 million SHIB tokens were burned, with the burn rate skyrocketing by 364%. This indicates a significant increase in community activity, while also strengthening SHIB's deflationary mechanism, providing support for price increases. Although burning itself does not directly drive prices, when combined with increased trading volume and market enthusiasm, it often signals that a major market movement is approaching.
📊History Doesn’t Lie: Average Increase of 61% in May
Data shows that over the past four years, SHIB has seen an average increase of 61% in May. Particularly in 2021, it surged by 355%. Even in 2024, SHIB recorded a 13% increase. As market sentiment heats up, this "seasonal magic" may play out once again.
📈Technical Chart Explosive Signal: Breakthrough of the 50-Day Moving Average, Trend Turns Bullish!
SHIB has successfully broken through the 50-day EMA, with the technical outlook completely turning bullish. The current price stabilizes around $0.00001347, having moved away from April lows. Historically, similar breakouts have led to over a 40% increase within three weeks. Analysts believe that the current structure is highly likely to trigger a new round of rebound.
💸Trading Volume Soars to $138 Million, Funds Keep Flowing In
In just 24 hours, SHIB's trading volume surged to $138 million, with high market participation. Increased liquidity makes it easier for large funds to enter and exit, accelerating price fluctuations. For this community-driven token, such trading activity is a catalyst for price increases.
✅Summary: The Shiba Inu is Ready, A Surge May Be Imminent!
With increased burning, technical breakthroughs, and historical seasonal trends converging, SHIB may be on the brink of an explosion. The bullish logic is clear, and May's performance is worth close attention!