{"id":1753,"date":"2025-03-31T16:20:00","date_gmt":"2025-03-31T15:20:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=1753"},"modified":"2025-03-31T16:08:43","modified_gmt":"2025-03-31T15:08:43","slug":"top-reasons-shiba-inu-shib-could-soar-coming-days","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/top-reasons-shiba-inu-shib-could-soar-coming-days\/","title":{"rendered":"Top Reasons Shiba Inu (SHIB) Could Soar in the Coming Days !"},"content":{"rendered":"\n

The SHIB Burn Accelerates : A Price Catalyst ?<\/strong><\/h2>\n\n\n\n

The data shows that the Shiba Inu burn rate<\/strong> has increased by 30%<\/strong> in recent days, reaching 2.01 million tokens in 24 hours. In total, over 410 trillion SHIB<\/strong> have been burned since the launch of the cryptocurrency<\/a>.<\/p>\n\n\n\n

This mechanism of voluntary burning, combined with tokens destroyed through fees on the Shibarium network<\/strong>, helps reduce the total supply of SHIB<\/strong>. This increased scarcity bodes well for the token’s valuation, potentially initiating a significant rebound<\/strong> in the weeks ahead.<\/p>\n\n\n\n

Shibarium’s TVL Skyrockets<\/strong><\/h2>\n\n\n\n

Simultaneously, the Total Value Locked (TVL)<\/strong> on the Shibarium network has surged by 24%<\/strong> in the last month, reaching $2.5 million. This growth is also evident on major DeFi platforms related to the Shiba Inu ecosystem, such as ShibaSwap (+37%), WoofSwap (+31%), and ChewySwap (+20%).<\/p>\n\n\n

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\"tvl<\/figure>\n<\/div>\n\n\n

Shibarium Network TVL. Source: DeFiLlama<\/p>\n\n\n\n

This momentum reflects the growing enthusiasm<\/strong> for decentralized<\/a> applications built on Shibarium. Increased adoption of this Layer 2 network<\/strong> is expected to strengthen investor interest in Shiba Inu, driving prices higher.<\/p>\n\n\n\n

Technically, Shiba Inu<\/a><\/strong> also shows promising signals<\/strong>. Despite being under pressure at present, it remains above a key support level at $0.00001235<\/strong>. This level has played a crucial role in recent months, serving as a solid price floor<\/strong>.<\/p>\n\n\n\n

\"analyse<\/figure>\n\n\n\n

Source: TradingView<\/p>\n\n\n\n

Furthermore, Shiba Inu<\/strong> has formed a “descending triangle” <\/strong>pattern on its daily chart. This technical pattern is generally seen as a bullish continuation signal. Breaking above the resistance at $0.00001560<\/strong> could trigger a rally towards $0.00002215<\/strong>, representing around a 75% increase<\/strong> from current levels.<\/p>\n\n\n\n

Shiba Inu, an Opportunity on Weex ?<\/strong><\/h2>\n\n\n\n

With the acceleration of SHIB<\/a> burns<\/strong>, the rise of Shibarium, and a favorable chart setup, Shiba Inu appears well-positioned to bounce back in the coming weeks. Informed investors should keep a close eye<\/strong> on this memecoin<\/strong> that could make headlines.<\/p>\n\n\n\n

If you are considering buying Shiba Inu (SHIB)<\/strong>, the platform WEEX<\/strong> allows you to do so with ease.<\/p>\n\n\n\n

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  1. Create a WEEX<\/strong><\/a> account by signing up in minutes.<\/li>\n\n\n\n
  2. Deposit funds<\/strong> via credit card, bank transfer, or crypto transfer.<\/li>\n\n\n\n
  3. Access the market and search for the SHIB\/USDT pair<\/strong>.<\/li>\n\n\n\n
  4. Complete the purchase and find the BTC tokens<\/strong> in your account.<\/li>\n<\/ol>\n\n\n\n

    Prior to any investment, it is always recommended to thoroughly research the market conditions and the risks involved<\/strong>. Above all, never invest what you are not willing to lose.<\/p>\n\n\n\n

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    Buy SHIB quickly on WEEX !<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n