Shiba Inu (SHIB) shows signs of a potential price rally driven by the upcoming TREAT launch, decreased exchange holdings, and a consistent burning program. These factors signal ecosystem growth, reduced selling pressure, and enhanced value proposition for the popular meme coin.
The upcoming launch of TREAT and reduced Shiba Inu holdings on exchanges signal ecosystem growth and lowered selling pressure, potentially driving a price rally.
Over 44.6 billion SHIB were burned in 2024, highlighting consistent efforts to reduce supply and enhance value.Despite the severe fluctuations, Shiba Inu performed quite well last year, experiencing a price increase of over 100%. The popular meme coin started 2025 on the right foot, jumping by 12% in the past week.According to some important factors, the price may just be heating up for a much more substantial move to the upside. One of those is the upcoming launch of TREAT.
Lastly, we will focus on the “InTheMoney” indicator . According to IntoTheBlock, it hasof this writing, approximately 57% of all Shiba Inu holders are profitable, while 36% remain underwater. This is a serious improvement compared to the statsdistributed funds to the self-proclaimed Dogecoin-killer were sitting on unrealized losses.Another factor that could contribute to a potential SHIB rally is the meme coin’s burning program.
SHIB Shiba Inu TREAT Cryptocurrency Burning Program Ecosystem Growth
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shiba Inu (SHIB) Price Recovery Faces Warning Signs from Declining Network ActivityShiba Inu (SHIB) shows signs of recovery but faces a concerning decline in network activity. While the price hovers near $0.000023, a 30% drop in activity raises questions about investor interest and future price trends.
Read more »
Shiba Inu Prepares to Unveil TREAT Token, the Next Chapter in its EcosystemShiba Inu is getting ready to launch the TREAT token, a new governance and utility token designed to strengthen the SHIB ecosystem. Details are scarce, but the token is expected to play a key role in decision-making, rewarding users, and supporting liquidity for SHI, the Shiba Inu stablecoin. While there is speculation about TREAT already being in circulation, the Shiba Inu team has confirmed that it is still under development.
Read more »
Shiba Inu Community Warned of TREAT Token Scams Ahead of LaunchScammers are exploiting the excitement surrounding Shiba Inu's TREAT token launch, scheduled for January 14, 2025, by offering fake TREAT services and targeting the SHIB community with various scams. The Shiba Inu team urges users to be cautious of fake giveaways, phishing emails, forged social media accounts, and other fraudulent activities.
Read more »
Shiba Inu (SHIB) Price on Verge of Breakout or Breakdown: What Might Be Next?Worrying days for popular meme coin SHIB as Shiba Inu's price hangs by thread
Read more »
3 Reasons Why the Shiba Inu (SHIB) Price May Head North SoonCrypto Blog
Read more »
Shiba Inu (SHIB) in Rebound Mode, Key Price Levels to WatchShiba Inu plotting return to weekly highs as price rebound now underway
Read more »