- The Shiba Inu community believes that 111 trillion SHIB will be burned in the next twelve months.
- A big SHIB fire can be a strong signal that Shiba Inu owners are looking forward to.
- The Shiba Inu price is poised to recover its losses, analysts are aware of the emerging creation of the SHIB card.
- The Shiba Inu community predicted a 111 trillion SHIB burn, boosting sentiment among SHIB holders. The events of the Shiba Inu fire have sparked a rally in the meme currency over the past two months.
The Shiba Inu community predicted 111 trillion SHIB burns
Shiba Inu cremation remains a hot topic in the SHIB-loving community. On the community-oriented Shiba Inu Discord channel, SHIB BPP shared a hypothesis of 111 trillion Shiba Inu burns over the next 12 months.
Discord channel moderator SHIBQueenie believes that 111 trillion Shiba Inus could be burned in the next 12 months. This estimate does not include community fires, burning projects such as the Shiba Inu burning portal and other events that are announced from time to time.
The Shiba Inu community has many activities. The launch of the Shibarium and the Shiba Inu’s metaverse push are major events that generate strong sentiment among holders. SHIBQueenie believes that the Shiba Inu’s metaverse name change has the potential to drive strong sentiment among SHIB holders.
Since the launch of the fire portal, 410.37 trillion Shiba Inu tokens have been burned so far. Burned tokens are sent to dead wallets and permanently removed from circulation. This reduces the number of SHIB tokens in circulation and is expected to increase the value of SHIB.
Game Director Shiba Inu brings Shiba Eternity to Gamescom
The Shiba Inu trading card game Shiba Eternity is coming to Gamescom. The largest gaming event and trade show in the world will lead to the adoption of the Shiba Inu and make it popular among owners.
Shiba Inu Games Director William Volk is scheduled to attend Gamescom to represent the Shiba Inu project. Game publishers and companies present new software and hardware from the industry and private guests at the gaming event every year.
The Shiba Inu price is ready to make up for its losses
Analysts analyzed the price trend of the Shiba Inu and predicted that the meme currency is ready to start its recovery. Shiba Inu saw a 14% loss last week and SHIB holders are waiting for the dogecoin killer meme coin to recover.
Shiba Knight, a pseudonymous cryptoanalyst and trader, identified the emerging Shiba Inu price chart formation and predicted a meme coin recovery.
