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Despite the Web3 market downturn, two cryptocurrencies are gaining massive attention from crypto buyers: Shiba Inu (SHIB) and JetBolt (JBOLT).
Shiba Inu’s ongoing token burn has eliminated more than 76 million SHIB tokens over the past week. Apart from this positive development, the launch of the TREAT token is fast approaching. Is Shiba Inu on track for a massive 100% price gain this month?
Meanwhile, rising star JetBolt continues to set the stage ablaze, powered by its explosive entrance into the market. Since its presale began, JetBolt has sold over 250 million tokens. As JetBolt fires up insiders, will this momentum continue to accelerate? And can SHIB achieve a 100% price spike this January 2025? Let’s find out.
Shiba Inu Price Prediction: Can SHIB Rally 100% This Month?
Shiba Inu (SHIB) is currently trading at $0.00002159, down by 5.2% over the past week. However, SHIB registered a modest gain of 3% over the past 24 hours.
Could this be the start of Shiba Inu’s potential 100% rally? While SHIB’s daily chart trades in the green, a 100% climb this month may be unlikely yet.
Chart of Shiba Inu’s price over the past week illustrates SHIB’s sustained decline, based on CoinMarketCap
Despite slightly bearish tendencies, some factors could potentially boost SHIB’s price. One catalyst for price appreciation is Shiba Inu’s impressive burn rate. According to the SHIB burn tracker and Shibburn’s latest X post, over 6 million tokens were burned in the past 24 hours, marking an astounding 1,214.55% surge in the daily burn rate.
Historically, token burns can impact a cryptocurrency by generating token scarcity, attracting greater investor interest, and potentially driving its price higher. According to Tomiwabold Olajide’s news report on U.Today, SHIB’s remarkable burn rate is a positive sign for the Shiba Inu community.
Another key driver for Shiba Inu’s potential price increase is the upcoming launch of the TREAT token on January 14. Notably, the TREAT token could unlock advanced features within the Shiba Inu ecosystem.
However, despite these positive developments for Shiba Inu, its price trajectory remains uncertain, as particular market conditions could still shape SHIB’s price trend.
JetBolt (JBOLT) Fires up Insiders with a Remarkable Milestone
As Shiba Inu’s 100% price gains might not be within reach this month, a young altcoin ignites the enthusiasm of blockchain aficionados and buyers. Since its presale started, JetBolt has sold over 250 million tokens. This huge feat can be partly attributed to the growing appeal of its state-of-the-art features.
Leading the list of features that contribute to JetBolt’s incredible demand is its game-changing zero-gas technology. While transactions in most blockchain networks today still incur hefty gas fees, JetBolt makes crypto users’ transactions free of any gas fees.
JetBolt’s revolutionary zero-gas tech feature benefits not only users but also developers. With no gas fees that could hold them back, developers could create a wide range of decentralized apps (dApps).
Moreover, JetBolt revolutionizes crypto staking. With its fun and easy-to-use crypto-staking system, stakers can earn exciting bonus rewards by staking their tokens and connecting with friends on the platform.
But JetBolt’s groundbreaking innovations don’t end there. As cryptocurrencies increasingly incorporate cutting-edge technologies like artificial intelligence, JetBolt stays ahead by embracing this growing trend.
JetBolt integrates AI into its crypto insights tool. This high-tech tool can provide curated market news, blockchain insights, market sentiments of specific cryptocurrencies, and more.
Further making its presale worth exploring, JetBolt offers attractive presale perks to early buyers. One electrifying benefit is the chance to acquire up to 25% extra tokens. Early movers can snap up this fantastic deal by purchasing Alpha Boxes or buying JBOLT tokens in batches.
Conclusion — Shiba Inu’s Price Route in January 2025 and JetBolt’s Soaring Presale
As January 2025 unfolds, Shiba Inu shows signs of resilience, fueled by its aggressive burn rate and the fast-approaching TREAT token launch. However, its current price trend raises questions about its capability to achieve a 100% price gain this month. On the flip side, the new altcoin JetBolt’s presale momentum continues to grow. With its innovative features and attractive presale advantages, it’s no wonder that buyers are flocking to this young token.
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