(May 21, 2025), SHIBA INU
1. Price Movement: SHIB has seen minor fluctuations, mostly depending on overall market sentiment. It's still trading well below its all-time high but shows occasional short spikes due to social media hype or whale activity.
2. Burn Mechanism: SHIB’s burn initiative continues, with millions or billions of tokens being burned periodically, aiming to reduce supply and boost value over time.
3. Shibarium: The Shibarium Layer 2 blockchain continues to be a focus for the SHIB ecosystem, offering lower fees and faster transactions. Any updates or new dApps on Shibarium can influence SHIB's performance.
4. Whale Activity: Watch out for large wallet movements — these can signal upcoming price shifts, either pumps or dumps.