Shib Price Eyes 86% Rally goes to $0.000022 as burn rate hits 3,484%

4 Min Read
4 Min Read

Shiba Inu’s price target reached new heights as Shib Burn rate exploded at an impressive 3,484% in just 24 hours, removing 537 million tokens from the circulation. This massive burn event is combined with ongoing shybarium transaction surge activity and positions Shiv for potential gatherings to SHIB $0.000022 forecast levels. SHIB’s price breakout pattern suggests that an 86% upside move could be imminent now.

SHIB-USD 24-hour chart

Shiba inu price targets rise as burn rates and volume explode

The SHIB ecosystem experienced unprecedented burn activity as it destroyed more than 521 million tokens in three rapid transactions with just one wallet. The mysterious wallet ending with -82019a sparked this burn frenzy, and also boosted weekly total burns to 687 million shiv tokens, increasing the seven-day shiv burn rate by 481.17%.

Record Burns Drive Shiba Inu’s price target is high

This burn is not isolated. Shiv’s burn rate systematically reduces circulation supply with over 410 trillion tokens already destroyed at the time of writing. The deflation mechanism creates a rarity that supports the price target of the Polar Seabaine, which represents a significant advantage from the current level.000022.

Kusama shame said:

“They don’t understand how I work, and they don’t have to.”

The burn event shows long-term convictions on Shiv’s value proposition, while showing community commitment. These organized efforts by the Shiv Army continue to prove that coordinated actions can promote meaningful outcomes.

Shibarium Growth supports Shib Price Breakout

Shibarium Network has created a robust infrastructure for ecosystem expansion, surpassing 815 million transactions with 2.1 million active addresses. This surge in shiba INU’s price targets directly as bone commissions are converted into shib and burned, adding deflationary pressure.

See also  Deco-option: China and ASEAN using Chinese yuan, Gutter US dollar

Data on the chain reveals that daily active addresses have increased by 54% over seven days, increasing adoption. The combination of network growth and aggressive burns positions the expected SHIB price breakout SHIB to $0.000022.

Shiba inu Price Chart (USD)

Technical analysis confirms the $0.000022 goal

Shib succeeded on top of the fallen wedge pattern and maintained support beyond the 200-day moving average. Resistance was found in the token at $0.000025, but the technical pattern suggests a break and retest scenario that could drive the Shib $0.000022 forecast.

The recent 5% price jump following Friday’s burn event shows how supply reduction events catalyze upward movements. To maintain increased levels of combustion rates and handle millions of transactions, the foundation supports the ambitious Shiba Inu price target.

Kusama also announced plans for the AI ​​whitepaper, along with the release of the Wave Alpha Layer, a layer-3 solution built on shybarium. These developments demonstrate the evolution of shiv from meme tokens to utility-centric ecosystems, and also support long-term value creation beyond speculative trading.

Large SHIB combustion rate convergence increases, record ripple-over transaction surge activity, and technical breakout patterns create the optimal conditions for achieving the current SHIB $0.000022 forecast. With the expansion of deflationary pressure mounts and network utilities, 86% of rally targets appear to be increasingly achievable at the time of writing.

Share This Article
Leave a comment