Shiba Inu’s Rocket Ride to the Moon Hinges on This One Thing… Don’t Miss It!

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TL;DR

  • Jeremie Davinci believes SHIB could skyrocket, but only if Shibarium gets its act together.
  • The token-burning frenzy may help reduce supply, and a crypto bull run could boost prices.

SHIB’s Moonshot? Only If This Tiny Little Hurdle Is Cleared

Well, well, well – here we are again, discussing that beloved (and often perplexing) meme coin, Shiba Inu (SHIB). Despite not exactly breaking any records in recent months, it’s still a hot topic, and there’s chatter of its potential for a ‘to the moon’ moment. And who’s behind this latest prediction? None other than Jeremie Davinci, the self-proclaimed Bitcoin evangelist who’s been preaching the gospel of cryptocurrency long before it was cool.

Now, for those who may have missed it, Jeremie was the chap who, back in 2013, urged everyone to buy Bitcoin when it was practically giving itself away at a dollar a pop. Hindsight, darling, it’s a beautiful thing.

Fast forward to this week, and Jeremie’s back, this time suggesting that SHIB could soar—IF Shibarium sorts out its rather persistent little issues. Oh, the suspense! 🎢

“I like Shiba Inu, as you know, and I think it will do relatively well in this cycle, but it may not go as high as you expect. I think Shiba Inu has a lot of utility now that they have Shibarium, and basically, it’s a chain that you can actually run all kinds of applications. However, nobody is using it, and there are no applications for using your tokens on Shibarium yet. If they get that solved, Shiba Inu will go to the moon,” said Davinci on X.

Ah, Shibarium. The darling of SHIB enthusiasts. It promises to be the layer-2 solution that will change everything. Reducing transaction fees, boosting scalability, and improving speed—sounds like a dream! Except… no one’s really using it yet. A little awkward, no? 😬

Shibarium made headlines earlier this year, processing millions of transactions daily, but lately, it’s been like watching paint dry. Transactions have slowed to a crawl, and let’s face it, if nobody’s using it, then what’s the point? Without adoption, SHIB’s value might just go down faster than a soggy soufflé.

Let’s Talk About Those Additional Catalysts, Darling

But wait, there’s more! Enter the Shiba Inu burning mechanism. Yes, it’s the crypto equivalent of a diet—reducing the supply by sending tokens to the abyss (also known as a “dead wallet”). It sounds a bit morbid, but hey, it’s a necessary evil. Since the program’s inception, over 410.7 trillion tokens have been burnt. That leaves around 584.3 trillion still in circulation. Still a lot, but it’s the thought that counts, right? 🔥

And let’s not forget the broader market. If Bitcoin and its buddies decide to embark on a fresh bull run, you can bet SHIB will follow like a loyal puppy. Meme coins tend to ride the coattails of the larger crypto market, after all. 🐕🚀

SHIB could very well go “to the moon,” but it’s going to need a few things to fall into place—Shibarium’s adoption, the burning mechanism doing its job, and a little help from the entire crypto market. Not asking for much, are we? 😉

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2025-03-09 14:41