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Those who apologize are accusing themselves, they say. And in the ruthless universe of blockchain, repeatedly tweeting that everything is fine can be concerning for investors. The Shiba Inu team is once again stepping up to refute doubts about the viability of Shibarium and the strength of its memecoin. In the face of criticism that suggests SHIB is losing momentum, Lucie, an influential figure in the community, warns: those who underestimate this crypto could soon be caught off guard. The skeptics had predicted it: crypto SHIB was doomed to fade into oblivion, like a bad altcoin already seen and surpassed. But here comes the Shiba Inu team, led by communication strategist Lucie, to speak out, just as she did last time in response to market turbulence , to set the record straight. They have underestimated us from the beginning. They doubted SHIB, Shibarium, and the ShibArmy, but we continue to build. A clear message sent to detractors who predicted the imminent end of this project. At the center of this response: Shibarium , the Layer 2 solution of the Shiba Inu project, which aims to offer faster and cheaper transactions. A promise that still struggles to convince some traders, who believe that SHIB remains a mere memecoin without real utility. However, developers claim that Shibarium is evolving and preparing major innovations, including a regular burn system to control the circulating supply. In fact, last week, over 535 million SHIB were burned , with 459 million in a single transaction orchestrated by an anonymous whale. A sign that the deflation strategy is taking shape, even if the results are slow to impact the token price. So, simple cosmetic operation or true scarcity mechanism? Behind the doubts weighing on SHIB, one question remains: what if distrust was a hidden opportunity? The Shiba Inu team wants to believe it, and their message is clear: When the moment comes, we will savor a success that no one saw coming. A bold bet, but one that rests on several strategic pillars. However, the crypto market remains unpredictable, and investors have short memories. Despite a historic peak in 2021, SHIB has lost 85% of its value since, leaving room for doubt. Its future therefore relies on a fragile balance between innovation and mass adoption. Can SHIB be reborn and create a surprise like in 2021? Or will it remain a mere memory of the great memecoin era? At the beginning of March, crypto SHIB fluctuated between hope and uncertainty. While this once-famous memecoin lost 42% of its value a month earlier, the question arises: can the Shiba Inu rise from its ashes ?

Burning tokens represents an approach to decrease the circulating supply which might boost token value. SHIB burned a total of 20,558,510 tokens during the last 24 hours which resulted in a 1012% increase in burn operations. Through the seven-day period the SHIB token burning reached 93,273,100 tokens which resulted in a decrease of 19.12% from last week. The increase in daily burned tokens indicates possibly strategic moves to fight supply inflation. HOURLY SHIB UPDATE $SHIB Price: $0.00001213 (1hr 0.04% ▲ | 24hr -3.60% ▼ ) Market Cap: $7,150,570,559 (-3.64% ▼) Total Supply: 589,255,184,000,877 TOKENS BURNT Past 24Hrs: 20,558,510 (1012% ▲) Past 7 Days: 93,273,100 (-19.12% ▼) Recently, Shiba Inu (SHIB), has experienced fluctuations in price and market activity over the past 24 hours. The latest data reveals that SHIB is trading at $0.00001213, reflecting a 0.4% increase in the last hour but a 3.60% decline over the past 24 hours. With a market capitalization of $7.15 billion, SHIB has seen a 3.64% drop in market value, indicating a bearish sentiment among investors. However, increased token burn activity suggests ongoing efforts to control supply and enhance value over time. During the last 24 hours SHIB’s prices moved from $0.00001155 to $0.00001287 indicating low volatility within its price action. The increase in price over one hour represents minor buying power but the downward daily movement suggests a dominant negative trend. The value hold for SHIB relative to Bitcoin (BTC) went up 4.2 percent while its Ethereum (ETH) value rose 4% which points to improved performance among major cryptocurrencies when USD price fell. Market sentiment has shown short-term decline after prices fell and the market capitalization decreased. The token exhibits strength by maintaining its value within a confined range yet this could represent consolidation which may lead to a new market trend development. SHIB will avoid additional price drops if it can sustain its current support level at $0.00001155. If the price surpasses $0.00001287 it will show rising bullish market sentiment. The financial market shows contradictory signals because prices experienced a temporary downfall while maintaining solid performance against BTC and ETH. The growing number of token burns represents supply reduction efforts and might affect prices through time. The future price direction can be determined by investors through their analysis of key support levels at $0.00001155 and resistance levels at $0.00001287. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

The crypto market took a hit last week, but the whales have since picked up on a buying opportunity. When Bitcoin dipped below $80,000, altcoins Ethereum, Solana, XRP, Cardano, Dogecoin, and Shiba Inu also bled, leading to large investors (“crypto whales”) snapping up altcoins. According to AltcoinBuzz, three in particular caught their eye: Solana’s DeFi trading volume surpassed that of Robinhood, a sign that more traders are moving their activities on-chain. Solana is currently hovering around a critical support level of $125-$135, and if the market turns bullish, SOL could make a run toward $138. Many whales are betting on Solana’s long-term potential, especially since it has strong fundamentals and solid use cases. Related: Meme Coin Mania Fades as Investors Seek Crypto with Substance Hyperliquid, a newer decentralized exchange (DEX), but with high volume and steady growth. Even though it has seen massive sell-off like other altcoins, whales have held strong making sure Hyperliquid bounces back for the long term. With an increasing number of whales holding large amounts of Hyperliquid, a price surge could be in the cards once the market stabilizes. HYPE has gained 12% in the last 24 hours and is now eyeing to break the $15 mark. Related: Ethereum’s Price is Up, But This Analyst Still Sees Trouble Ahead Chainlink saw a mild rebound after a price drop, bouncing from $13.18 to $15.25, and it’s attracting significant whale interest. Crypto analytics firm Santiment reports that Chainlink’s whales continue to accumulate more tokens. In fact, the top five Chainlink holders now own nearly 18% of the total supply. With the growing interest in DeFi and smart contract platforms, Chainlink remains a top pick for institutional investors. Steady accumulation by whales based on their market study makes it an apparent choice for further growth. Not just that, but Chainlink’s role in the expansion of decentralized finance is proven. In short: the smart money always bets on Chainlink. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Shiba Inu (SHIB) continues to face a tough downtrend, despite a slight price increase in the last 24 hours. The key question for investors: can SHIB break out, or is this just a temporary blip? As of press time, SHIB trades at $0.00001276 , a 2.17% increase over the last 24 hours. However, the price remains down 1.15% over the past week. Trading volume stands at $163,987,891, with a market cap of $7.47 billion. Despite the short-term gain, the bigger picture shows ongoing weakness. According to analyst SHIB KNIGHT, the cryptocurrency has been in a steady decline since December 2024, with lower highs consistently forming and blocking any substantial breakout. While a strong support level has emerged near $0.00001250, repeated failures to breach the descending trendline highlight the prevailing bearish momentum. A decisive breakout with significant volume is necessary to confirm a trend reversal; otherwise, investors should be prepared for a potential drop toward $0.00001000. Related: Shiba Inu Faces Adoption Dip, Yet BONE Token Seen as Mirroring XRP, ADA Success Mixed signals abound. The Relative Strength Index (RSI) is at 39.56, indicating weak momentum but not yet reaching oversold conditions. A push above 41.17 could confirm a short-term rebound. The Moving Average Convergence Divergence (MACD) indicator remains slightly negative, with the signal line hovering around zero. This points to a lack of strong momentum in either direction. However, a bullish crossover, where the MACD line moves above the signal line, could signal a trend shift in favor of buyers. Related: Shiba Inu (SHIB) Set for 480% Surge? Analyst Price Target Sparks Hope On-chain activity has seen a significant reduction in SHIB’s circulating supply due to substantial token burns. On March 13, a single transaction permanently removed 459.29 million SHIB from circulation. Smaller burns followed, including 14.62 million SHIB, 13.67 million SHIB, and 12.84 million SHIB in separate transactions. Data from Shibburn , a dedicated tracking platform, reported a 112.85% increase in daily burns, with 1.81 million SHIB burned within 24 hours. However, despite the daily surge, the weekly burn volume dropped by 47.46% to 57.63 million SHIB. While these burns theoretically increase scarcity, their impact on price remains uncertain. With SHIB’s circulating supply still at 590 trillion, a more aggressive burn strategy or higher demand is needed to drive meaningful price appreciation. Meanwhile, Shiba Inu’s lead developer, Shytoshi Kusama, has been noticeably absent from social media, fueling speculation within the community. His last post on X was on February 21, when he discussed improved liquidity pools on ShibaSwap. Since then, he has only retweeted select SHIB-related content, with the most recent activity on March 7. This silence has led to various theories about his whereabouts. However, SHIB marketing lead Lucie reassured the community that Kusama’s absence is intentional. According to her, he is working behind the scenes on expanding Shiba Inu’s reach, possibly engaging in strategic partnerships. She stressed that his efforts are focused on bringing global awareness to the project. But for some investors, the lack of communication is a concern. Kusama’s sporadic social media presence is not new. In previous instances, he has taken extended breaks before returning with major announcements. In May 2024, after a long silence, he revealed that he had been in the Middle East for business and personal reasons. Additionally, during the holiday season, he mentioned working nearly 20 hours a day on ecosystem development while most were on break. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Shiba Inu (SHIB) , one of the most popular meme coins, has seen wild price swings in the past, but its dream target of $1 per token remains a far-fetched milestone. With the current price sitting at $0.00001279, the token would need an astronomical rally to reach the $1 mark within 30 days. However, traders and investors continue to speculate whether a parabolic surge could take place, especially if market conditions align in its favor. With Shiba Inu showing early signs of recovery after a prolonged downtrend, many wonder if this could be the beginning of a major breakout or just a temporary relief rally. The latest RSI (Relative Strength Index) sits at 39.85, suggesting somewhat oversold conditions, while the MACD (Moving Average Convergence Divergence) shows a slight improvement, hinting at possible bullish momentum building up. The question remains—can SHIB defy expectations and reach $1, or is this an unrealistic target? For Shiba Inu price to reach $1 , the token would require a mind-blowing rally of over 7,800,000% from its current price. This kind of price explosion has never been seen in any major asset within 30 days, making it highly unlikely in such a short timeframe. For SHIB to get anywhere near this level , several factors would need to align. A massive burn mechanism would have to be implemented, drastically reducing the token’s circulating supply. Currently, Shiba Inu’s supply sits at nearly 589 trillion tokens, which makes a $1 valuation impossible unless the supply shrinks dramatically. Additionally, institutional adoption, extreme retail hype, and a major influx of new investors would be necessary to drive exponential demand. Even in previous bull runs, Shiba Inu’s biggest surge only saw it increase by a few thousand percent over months, not millions of percent in a few weeks. While long-term holders may still dream of this milestone, in the next 30 days, the likelihood of SHIB reaching $1 is virtually zero. While $1 is unrealistic, Shiba Inu price still has potential for a short-term rally, given its current price structure. After weeks of downward pressure, SHIB price is attempting to hold support around $0.000012, and if buyers regain confidence, a breakout toward $0.00002 or even $0.00003 is possible. The RSI at 39.85 suggests that selling pressure has weakened, and SHIB could soon enter a recovery phase. The MACD line is also flattening, which indicates that bearish momentum is losing strength. If SHIB can reclaim $0.000014-$0.000015, this could confirm the start of a trend reversal. If Bitcoin and the overall crypto market recover in the coming weeks, Shiba Inu could benefit from positive sentiment, leading to a 50-100% gain in the short term. However, for a bigger breakout, SHIB would need massive whale accumulation, renewed hype, and potential announcements related to Shibarium or token burns. Given current market conditions, a realistic target for SHIB price in the next 30 days is $0.000015 to $0.00002 if bullish momentum strengthens. However, if selling pressure continues, SHIB could revisit $0.000010 or lower, extending its bearish trend. In a bullish scenario, where SHIB successfully breaks above $0.000014 and Bitcoin maintains strength, a rally toward $0.00002-$0.000025 is possible. A meme coin rally driven by retail FOMO (fear of missing out) could accelerate gains, but a $1 price target remains impossible within this timeframe. In a bearish scenario, if SHIB fails to reclaim key resistance levels and Bitcoin drops below $60,000, Shiba Inu could retest $0.000010 before finding a new accumulation zone. While Shiba Inu remains one of the most recognized meme coins , expecting it to reach $1 in the next 30 days is completely unrealistic. The current market structure and supply dynamics do not support such a move, making it mathematically impossible. However, short-term gains of 50-100% are within reach if SHIB can sustain its recovery. Traders looking for a high-risk, high-reward opportunity may find potential in short-term trades, but long-term investors should manage expectations and focus on gradual growth rather than impossible price targets. In the coming month, watch key resistance levels at $0.000014 and $0.00002 to determine whether SHIB can break out or if further downside is likely. While a $1 SHIB remains a meme-driven dream, traders can still take advantage of realistic price movements in the short term.