Shiba

Burn

2024

Shiba Inu

Coin

<p>The post <a href="https://coinpedia.org/press-release/shiba-inu-excitement-ramps-us-wiener-ai-presale-ongoing/" rel="noopener noreferrer nofollow">Shiba Inu Coin Burns in July? Analysts’ Shib Price Predictions</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Shiba Inu’s excitement is ramping up as its team hints at a development that will bolster SHIB burn.</p>
<p>Will these burns help boost the SHIB price in July? Let’s find out what analysts think.</p>
<h2 class="wp-block-heading" id="h-positive-price-outlook-amid-shib-burn-hype">Positive Price Outlook Amid SHIB Burn Hype</h2>
<p>The SHIB supply could be about to shrink at an unprecedented rate.</p>
<p>Community-led burning has risen recently, with 10,367,937 SHIB burned today – a 63% increase from yesterday.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">In the past 24 hours, there have been a total of 10,367,937 <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> tokens burned and 9 transactions. Visit <a href="https://t.co/t0eRMnyZel" rel="noopener noreferrer nofollow">https://t.co/t0eRMnyZel</a> to view the overall total of <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIB</a> tokens burned, circulating supply, and more. <a href="https://t.co/ODQJ4X7yDL" rel="noopener noreferrer nofollow">pic.twitter.com/ODQJ4X7yDL</a></p>— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1809074997924634797?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 5, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>However, a cryptic tweet from Shiba Inu marketing lead LUCIE indicates that the team may be about to implement a change that bolsters the SHIB burn mechanics.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Me &amp; <a href="https://twitter.com/shibacals?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@shibacals</a> are cooking up something special – get ready to see some <a href="https://twitter.com/search?q=%24Shib&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Shib</a> burn! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Shibarium?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Shibarium</a> <a href="https://twitter.com/hashtag/SHIBARMY?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIBARMY</a> <br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f415.png" alt="🐕" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) <a href="https://twitter.com/LucieSHIB/status/1807765365562179585?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 1, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Shibcals is a revered project in the Shiba Inu ecosystem that connects real-world items to NFTs.</p>
<p>The partnership with LUCIE suggests that the Shiba Inu team is expanding its methods of burning SHIB to reduce the token’s total supply.</p>
<p>The tweet greatly surged Shiba Inu’s market interest, and exciting predictions flooded in throughout the days that followed.</p>
<p>TradingView analyst Lukegforex <a href="https://www.tradingview.com/chart/SHIBUSD/QZTKtQkO-NEARLY-READY-TO-BUY-IN-UPDATE-ON-PREVIOUS-ANALYSIS/" target="_blank" rel="noopener noreferrer nofollow">anticipates</a> a pullback to a macro support level around $0.00001. However, he anticipates this will be followed by a powerful reversal to the upside.</p>
<p>Per the analyst’s prediction, the reversal will commence the next phase of Shiba Inu’s bull market rally and result in 10x gains.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="470" src="https://image.coinpedia.org/wp-content/uploads/2024/07/05132113/image-112-1024x470.png" alt="shiba-trading-view-chart" class="wp-image-323081" srcset="https://image.coinpedia.org/wp-content/uploads/2024/07/05132113/image-112-1024x470.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132113/image-112-300x138.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132113/image-112-768x352.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132113/image-112-1536x705.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132113/image-112-150x69.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132113/image-112.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Meanwhile, ClayBro analyzed the recent SHIB Burn developments and said, “If everybody joins in together, we burn trillions of SHIB. And if we burn trillions of SHIB, the price skyrockets.”</p>
<p>While the analyst does not provide an exact price target, it’s apparent that he is highly bullish on SHIB’s price potential.</p>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe title="Shiba Inu Coin | Ecosystem Team May Soon Begin To Burn SHIB!" width="1220" height="686" src="https://www.youtube.com/embed/EjolYli6s8A?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </div>
</figure>
<p>However, ClayBro does not expect the bullish momentum to end with SHIB.</p>
<p>The analyst also nods to lower market cap alternatives outpacing Shiba Inu as meme coins gain momentum.</p>
<p>“If people are excited about meme coins, tiny little meme coins like WienerAI will soar in value,” he said.</p>
<p>With that in mind, let’s take a closer look into what WienerAI is and why ClayBro is bullish.</p>
<h2 class="wp-block-heading" id="h-wienerai-is-unlike-anything-the-market-has-seen-before">WienerAI Is Unlike Anything The Market Has Seen Before</h2>
<p>WienerAI is a new meme coin undergoing a presale.&nbsp;</p>
<p>It has raised over $7 million, and investors can currently buy in at a fixed, discounted rate.</p>
<p>As evidenced by its total raise, <a href="https://coinpedia.care/b_wienerdogai-en_80538?referrer=shiba-inu-coin-burns-in-july-analysts%27-shib-price-predictions" target="_blank" rel="noopener noreferrer nofollow">WienerAI</a> has hit the ground running at presale.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="577" src="https://image.coinpedia.org/wp-content/uploads/2024/07/05132128/image-113-1024x577.png" alt="wiener-ai-presale" class="wp-image-323082" srcset="https://image.coinpedia.org/wp-content/uploads/2024/07/05132128/image-113-1024x577.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132128/image-113-300x169.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132128/image-113-768x433.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132128/image-113-1536x866.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132128/image-113-390x220.png 390w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132128/image-113-150x85.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/07/05132128/image-113.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>However, this is no surprise. The project is far from your average meme coin.</p>
<p>It’s an AI-powered trading bot masked behind a meme coin facade.</p>
<p>Users can ask it questions and lay out criteria, and the bot will scour the market for the best trading opportunities.</p>
<p>Think of it like ChatGPT for trading.</p>
<p>It also lets users execute trades directly from its interface.&nbsp;</p>
<p>As per its website, trade execution is instant, MEV-resistant, fee-free, and noob-friendly.</p>
<p>Coupling this utility with its meme coin allure, there’s much to be excited about.</p>
<p>That’s why ClayBro thinks this project could boom.</p>
<p>In another analysis of Shiba Inu, ClayBro once again shone the light on WienerAI.</p>
<p>“These tiny little tokens, WienerAI and some others out there, can explode the most,” he said.</p>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe title="Shiba Inu Coin | Analysts Predict Major SHIB Rally Ahead!" width="1220" height="686" src="https://www.youtube.com/embed/PeEoRGfWcwg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </div>
</figure>
<p>Indeed, with WienerAI in its preliminary stages, there’s every chance this project could soar as Shiba Inu and other meme coins rise in value.</p>
<p>The current $WAI presale price is $0.000725, but this will rise in one day.</p>
<p><a href="https://coinpedia.care/b_wienerdogai-en_80538?referrer=shiba-inu-coin-burns-in-july-analysts%27-shib-price-predictions" target="_blank" rel="noopener noreferrer nofollow"><strong>Visit WienerAI Presale</strong></a></p>

Shiba Inu Coin Burns in July? Analysts’ Shib Price Predictions

Table of Contents

CoinPedia News

Other articles published on Jul 5, 2024

Ethereum Classic (ETC) and Cosmos (ATOM) Holders Have Been Pouring Into This New Crypto With A Ga...

XRP Faces Continuous Decline Despite Legal Clarity

BNB Price Plummets Below $500: Bears Eye $420 With 20% Decline

Pendle Faces Significant TVL Drop Due to Market Dynamics

German Government Fuels Bitcoin Volatility with $76 Million Sell-Off

According to this indicator, the biggest buying opportunity is in these eight altcoins!

Join our free newsletter for daily crypto updates!