Shiba Inu Price Prediction: 61 Million Shib Burned Overnight – Major Supply Shock Coming?

What Happened

While SHIB gears up for a decisive move, early-stage investors are already rotating into fresh opportunities.

Players launch and upgrade digital rigs to earn rewards, while every upgrade burns a portion of $PEPENODE forever.

Pepenode ($PEPENODE) Introduces a Fun Way to Mine Meme Coins

Pepenode ($PEPENODE) eliminates the need to make expensive hardware investments to mine meme coins and gamifies the whole process.

Players kick things off by building a virtual server and launching as many mining rigs as they want, turning their setup into a competitive income engine.

To boost their earning power, miners can reinvest using $PEPENODE to upgrade their rigs and scale their output.

Up to 70% of the tokens used for upgrades are burned permanently, cutting supply and steadily increasing scarcity.

You can either swap USDT or ETH for this token or use a bank card to invest in seconds.

Market Context

Could this set the stage for a bullish Shiba Inu price prediction as momentum builds?

The second-largest meme coin has now climbed 16% in the past week, riding a broader market rebound that kicked off after a stronger-than-expected U.S. jobs report.

Shiba Inu Price Prediction: RSI Sends Early Buy Signal After Winning Streak

The daily chart shows SHIB approaching the upper boundary of its descending price channel, a key level that could define its next move.

If the price breaks above $0.0000090, momentum may shift quickly, increasing the chances of a run toward $0.00001050.

To buy $PEPENODE before the next price increase, simply head to the Pepenode official website and link up a compatible wallet, such as Best Wallet.

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Why It Matters

With sentiment turning and supply shrinking, SHIB may be gearing up for something bigger.

This zone will likely test whether bulls have the conviction to reverse the current trend.

On the flip side, if SHIB fails to break through this resistance and gets rejected, a retest of recent lows becomes more likely in the near term.

Details

SHIB just surged 5% following a massive token burn, sparking fresh speculation around a potential supply shock.

Data from Shibburn, a service that tracks how many SHIB are burned periodically, reported a 676% spike consisting of 61.8 million tokens burned in the past 24 hours alone.

Adding strength to the setup, the Relative Strength Index (RSI) has moved above its 14-day moving average, often seen as an early sign of a potential breakout.

One of the hottest presales gaining momentum right now is Pepenode ($PEPENODE), a virtual mining project that turns crypto mining into a reward-driven game. No hardware needed.

The goal is simple: climb the leaderboard and earn surprise airdrops of top meme coins like Fartcoin ($FARTCOIN) and Bonk ($BONK) along the way.

With a staking APY of 584% and interest in the game growing fast, demand for $PEPENODE is on track to surge alongside its player base.