2025-12-28 14:20:12

Recent data on SHIB is quite interesting. In the past day, 1 million tokens were burned, which sounds like a lot, but the daily burn rate actually dropped by 32.29%—almost a slowdown. The surprising part is that the price actually increased by 2.59%, now hovering around $0.0000073, and the market cap has also surged to $4.3 billion.

Burning is burning, but currently, SHIB's total circulating supply has been reduced to 589.25 trillion tokens. The price has risen by 2.82% in the past 24 hours, showing some signs of recovery. However, for the entire December, SHIB still declined by 11.84%, with a significant overall drop.

But traders are now considering one thing—could there be a rebound before the end of the year? Many are watching the $0.00000765 level as a potential target. When market sentiment is good, small tokens like this often rebound quickly—it's just a matter of whether they can seize the opportunity.

SHIB2,24%

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LayerZeroEnjoyer

· 14h ago

The decline in the destruction rate is indeed a bit awkward, but the fact that the price can still rise is quite outrageous. Reaching 0.00000765 before the end of the year? Honestly, I don't really believe it. Can the market sentiment hold until the end of the year? An 11.84% drop in December, is that still considered a good sign? I don't think it's very optimistic. Burning coins isn't really useful; it still depends on how Bitcoin moves. SHIB is just following the trend. At 0.0000073, it feels like a short-term rebound. Don't be fooled into thinking it's a breakout, brother. The circulating supply of 589 trillion tokens is meaningless; the key is still market sentiment. Wait, the destruction rate actually decreased but the price went up? How many retail investors are trying to catch the bottom? A market cap of 4.3 billion sounds significant, but compared to other projects, it's still too thin. There are quite a few people trying to buy the dip. I think a correction is due.

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WhaleMinion

· 14h ago

The decline in the destruction rate can still rise; this move is quite bold. --- Wait, it dropped 11.84% in December, and in two days it gained 2.82%. Trying to turn the tide? Wake up, brother. --- Why focus on 0.00000765? First, hold onto 0.000007. --- SHIB is still struggling to survive; I see trouble ahead. --- With such poor destruction data, how can the price still jump up? Luckily, I didn't buy the dip. --- A market cap of 4.4 billion, what’s the point? Better to go ALL IN elsewhere. --- It's hard to break 0.000008; what are we talking about, a rebound?

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ser_ngmi

· 14h ago

The decrease in the burn rate has actually caused the price to rise, which is a bit funny. Trying to hit 0.00000765 by the end of the year? Bro, you're overthinking it. SHIB is just like that—good-looking data but not much use. An 11.84% drop in December is the real deal. Don't be fooled by short-term gains. Burning coins can't save it; market sentiment is what matters. Right now, the sentiment is so bad. Altcoins rebound quickly but also fall quickly. Be careful when jumping in, everyone. A market cap of 4.3 billion sounds like a lot, but can it last until the end of the year? That's the question. What’s the use of the burn mechanism? The coin price speaks for itself.

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ZKProofster

· 14h ago

burning rate's down 32% but price is up? that's honestly just noise trading at this point, ngl

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