🔥🔥14M SHIB Up in Smoke—But Price Tanks! Can Ethereum Save the Shiba Army?
In a fiery twist that left traders stunned, 14 million Shiba Inu tokens were sent to the burn wallet in the past 24 hours—but instead of lighting up the charts, SHIB’s price tumbled 1.7%, landing at $0.00001432. Despite the blaze, the crypto community is asking: Why isn't SHIB skyrocketing?
Trading volume slumped to $220 million, hinting at fading retail interest. The burn may have looked dramatic, but with a massive 999 trillion tokens still in circulation, the impact feels like a drop in the ocean. Meanwhile, the SHIB burn rate collapsed by 39%, shaking investor confidence.
Is the fire fading out, or just waiting to reignite?
Analysts believe the meme token's fate may now be tethered to Ethereum’s pulse. Crypto expert Crispus suggests SHIB could shadow Ethereum’s rally—especially as ETH teases the $4,000 mark and forms a bullish Golden Cross. Could the dog-themed token ride ETH’s coattails to a rebound?
SHIB Price Prediction — From Flames to Fortune?
Bullish scenario: If Ethereum leads the charge, SHIB may leap to $0.00001945, even $0.0000221.
Bearish turn: A fall below $0.000012 could see SHIB nosedive to $0.00001080—a chilling revisit to 2024 lows.
One thing’s certain: The Shiba Army needs more than just burns to stay in the game. Can Ethereum be the hero SHIB needs—or is this just the beginning of a deeper slide?
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