Shiba Inu (SHIB) Token Burns Spikes by 6233% Within 24 Hours, But Will the Burn Rate Result in 2025 $0.001, $0.01, and $0.1?

Shiba Inu token burn rate soared by an impressive 6233% within 24 hours. This dramatic rise removed over 4 million tokens from circulation, limiting supply.

Shiba Inu Still Trails Dogecoin Despite 30% Price Gain, Token Burn Activity Fuels Hope

Shiba Inu’s price has seen a significant rally, rising by over 30% in the past month alongside the broader cryptocurrency market rally. One factor that has been contributing to this rally is the token burn activity, which has seen another 4 million tokens being burnt within a day recently, adding to the total SHIB tokens that have been removed from circulation. This has been a key focus for the SHIB community, aiming to drive the token's price higher.

Shiba Inu Token Burn Rate Spikes 6233%

The Shiba Inu token burn rate soared by an impressive 6233% within 24 hours, with a high burn transaction removing over 4 million tokens from circulation. This dramatic increase in the burn rate has been a major talking point among the ShibArmy, as it helps to reduce the SHIB token supply, which is one of the factors expected to help drive Shiba Inu’s price action. Thus, the current spike in burn rate could be reiterating the ShibArmy's commitment to boosting Shiba Inu’s price.

Shiba Inu Technical Indicators Send Mixed Signals

From 90% greed, the Shiba Inu fear and greed index sank to a neutral level at 57%. However, the Shiba Inu community is still highly bullish, with 88% of investors currently optimistic. The relative strength index is close to the overbought range. SHIB might soon see a price correction.

Shiba Inu Burn Rate: Can It Help SHIB Hit $0.001, $0.01, $0.1 in 2025?

The Shiba Inu community has remained dedicated to reducing the token's supply through token burns, and if the token burn continues to note a steady increase, it could be helpful for Shiba Inu. However, the token needs to see more aggressive burns to attain these price targets in the coming months. Apart from the burn action, additional factors like whale activities, ecosystem development, and increasing adoption are necessary to help Shiba Inu's possible rally to reach as high as $0.01. Even if $0.001 and $0.01 could be reachable, $0.1 could be a high goal for 2025. Shiba Inu’s growth still remains below 200%. Hence, investors should be careful even while remaining hopeful.

Rexas Finance (RXS): A Presale Token With Steady Growth Potential

Investors looking for a more promising cryptocurrency for sure gains in 2025 are looking at Rexas Finance. Rexas Finance promises 566% gains for investors who joined at stage one of the presale, while investors can still get as much as 150% gains at the current stage 6. The Rexas Finance presale began at $0.03 and is now at stage 6, where it sells for $0.08, with the next stage price fixed at $0.09. RXS will eventually launch at $0.20, booking 566% gains for the ICO investors. Moreover, experts believe the launch will only be the beginning of this promising token. Several analysts have set price targets as high as $10 in 2025. Rexas Finance can now be tracked on CoinMarketCap and CoinGecko so investors can view its progress in real time.

Click Here To Buy Rexas Finance (RXS) Presale

Rexas Finance has also garnered attention for its value to the crypto market, which is the brain behind its potential for long-term success—the project leveraged blockchain technology to convert real-world assets (RWAs) into digital tokens. As a result, RWAs like real estate and artworks that have long been known for their high cost and lack of liquidity can now be available in smaller units and accessible anywhere.

Furthermore, Rexas Finance stands out as a forward-thinking project with its robust tools that will enable investors to invest easily. These tools include the Rexas Token Builder, which simplifies asset tokenization, and the Rexas QuickMint Bot, which allows you to create and deploy tokens right from your smartphone or computer. There’s also the Rexas GenAI, which automatically creates high-quality NFTs, and the Rexas Launchpad, which helps startups raise funds. Its wide range of functionality has attracted retail and institutional investors, and its presale sold out within short time frames.

The project has been thoughtfully set up for long-term growth and sustainability, and it has also demonstrated its commitment to supporting and protecting its community. Rexas Finance recently completed a Certik Audit, which assesses its security code for any security challenges. This has given its community the peace of mind it needs and assurance that the project can stand the test of time. Rexas Finance is also conducting a giveaway to give $50,