Shiba Inu leaders share new price predictions and information about a significant surge in the burning of this cryptocurrency.
SHIB Growth Prediction
The marketing lead for Shiba Inu, known as Lucie, expressed an ambitious belief that SHIB might grow by 1000% in just three days. In her post, she humorously noted that she informed her cat and her boss about this prediction. However, such a growth seems unlikely as SHIB’s current price is $0.000013148.
SHIB Burning Surge
Data from the popular wallet tracker Shibburn reveals that the burn rate of SHIB surged by an impressive 4,833.98% in the past 24 hours. This spike was achieved thanks to the transfer of over 15 million SHIB to unspendable wallets, with most of the amount removed in a single transfer.
Community Reactions
The SHIB community reacted positively to Lucie’s prediction, expressing supportive comments. The SHIB team emphasizes that SHIB’s price growth can be largely fueled by increased adoption and utility, particularly through the use of the layer-2 solution Shibarium.
Predictions for SHIB highlight community optimism, though their realism remains in question. Meanwhile, the increase in burning could positively impact the long-term prospects of the cryptocurrency.
