Has the forgotten Shiba Inu (shib) been eliminated?

In 2021, following the high jumps of Dogecoin, the Shiba Inu (SHIB) indeed performed poorly in this bullish market. Many people who were stuck at high positions are trying to average down but still find themselves sitting at the peak. In fact, under the new landscape of 2025, the once-starred coins have been delisted, and countless have been eliminated. The recent price drop is actually also related to the drastic fluctuations in the SHIB burn rate — earlier this week, its burn rate skyrocketed by 6,500%, only to plummet by 94% in the past day.
However, considering that Shiba Inu Coin is regarded by many observers as one of the strongest projects in terms of fundamentals among meme coins, this decline is likely just a temporary phenomenon. In the long run, the price prediction for Shiba Inu Coin remains optimistic.
Shiba Inu Coin Price Prediction: Burn Rate Soars 6500% in 24 Hours, SHIB Prepares for a 5x Bounce
On Tuesday, the burn rate of SHIB surged to 22.9 million coins within a day, indicating a spike in activity on the Layer 2 network Shibarium, as well as the ongoing community-led burning efforts.
However, according to Shibburn's data, the burn amount yesterday was only 224,000 pieces, indicating a significant decline in activity. #打榜优质内容#