After burning nearly 68 million tokens, Shiba Inu (SHIB) saw its price briefly spike to $0.000005927, a deflationary move that temporarily eased selling pressure. Nevertheless, SHIB's massive circulating supply of over 5.85 trillion tokens remains a significant challenge. Analysts are divided on SHIB's long-term price predictions, with CoinCodex forecasting a price of $0.00003212 by 2050, while Flitpay predicts a potential high of $0.089. Community sentiment remains cautiously optimistic, with supporters highlighting ongoing projects like Shibarium and a decrease in exchange supply.

SHIB4,8%

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