Shiba Inu Targets Potential 25% Gain After Token Burn

The Shiba Inu price rise suggests positive momentum, hinting at broader crypto market shifts. The token burn event impact on SHIB’s supply dynamics showcases DeFi’s influence on memecoin valuation trends.

The recent Shiba Inu token burn reduced supply, bolstering bullish sentiments. According to on-chain data, 54,846,282 SHIB were burned, marking a 76% increase. Community activity reinforces the positive market sentiment surrounding the burn’s effects.

Project leads Shytoshi Kusama and Ryoshi have not commented on the price direction. The community discusses burn mechanics on Twitter and Discord, emphasizing ongoing ecosystem development. The speculation remains driven by technical indicators.

Financially, the burn event has added upward price pressure, but immediate reactions are limited. No official statements from the Shiba Inu team were available as of October 28, 2025, regarding price predictions or the recent token burn. Shiba Inu’s performance aligns with historical trends of delayed bullish reactions, emphasizing technical momentum over rapid price changes.

Analytical tools indicate a potential near-term reversal if key resistance levels are breached. The 200-day EMA at $0.00001264 signals a medium-term trend shift. Further price movements are expected if resistance at $0.00001129 is overcome.

Community sentiment is supportive but speculative, as discussions continue in online forums. The absence of regulation or major institutional commentary leaves the price movement predominantly within speculative domains influenced by technical patterns.