Shiba Inu Leader Says Burning 99.9% of Shiba Inu is Not Impossible
Posted on December 23, 2023The lead developer of the Shiba Inu ecosystem has argued that eliminating 99.9% of Shiba Inu’s circulating supply is not impossible.In a recent tweet, Shytoshi Kusama, the enigmatic leader of the Shiba Inu development team, expressed that bringing Shiba Inu’s current circulating supply to 0.1% of its size is a vision that can materialize.This bold declaration comes amid an exchange with a Shiba Inu critic. The context of the conversation was Shibarium’s soaring positive metric, with transactions reaching new counts of 150 million.Amid the development, the Shiba Inu critic sarcastically asked Kusama to burn 99.9% of SHIB tokens, likely with the fees accrued from Shibarium transactions. The critic went on to add that such a hypothetical scenario cannot be a reality because, according to him, Shiba Inu is trash.Shiba Inu Lead Says Nothing is ImpossibleHowever, the Shiba Inu ecosystem leader reacted to the critic’s view with a counterargument. Succinctly, Kusama said:“Nothing is impossible except for you seeing how it’s possible. We push forward.”With SHIB’s circulating supply at 580,925,715,095,591 (580 trillion), burning 99.9% would reduce Shiba Inu’s supply to 580 billion, which is still significant.Reacting to Kusama’s statement, members of the Shiba Inu community welcomed the idea, noting that it merely takes patience to attain such a feat. Raul Valadez-Rayas, a U.S.-based Shiba Inu enthusiast, remarked:“Patiently waiting for Shytoshi Kusama. Can’t wait to see trillions of SHIB burn one day, and then everyone in the SHIB ARMY will be happy.”Shiba Inu Team’s Efforts to Burn SHIBNotably, the Shiba Inu development team has orchestrated the third and fourth editions of its routine Shiba Inu token burn based on fees accumulated from Shibarium transactions.The Crypto Basic has reported that the team has incinerated over 17 billion SHIB tokens in the last 24 hours in two transactions. The first transaction, which occurred yesterday, eliminated 8.53 billion SHIB. Meanwhile, in less than 23 hours, another 8.47 billion SHIB was burnt.As a result, the Shiba Inu team has burned a whopping 33,862,174,416 (33.8 billion) SHIB tokens this month alone.$SHIB
ADA Flips Key Resistance—Market Structure Turns Favorable
For the past few months, the Cardano price has remained stuck within a steep bearish trend after failing to retain levels above $1. With the market’s structure becoming bearish every day, the price continued to break every support and also plunged below the multi-year support that it had held since 2024. However, the ADA price staged an impressive recovery over the past 48 hours, climbing back above a key resistance level after overcoming a period of steady consolidation.
Now that the price is printing higher highs and lows in the short term, Cardano seems to be breaking through the ceiling. As the market outlook seems to have shifted toward a more constructive outlook, the question arises whether this reclaim is a trend-change signal. The ADA price formed a double-bottom pattern and reached the neckline. The token is consolidating around the range, and despite a rise, it has not yet validated the bullish divergence. The indicators suggest the crypto is juggling between accumulation and distribution, with the volumes remaining drained to the lower range. The liquidity seems to be flowing out of the token, but the DMI indicates the token is bracing for a breakout.
The +Di & -Di are approaching a bullish crossover, and if validated, the Cardano price is set to initiate a strong comeback. What’s Next for the ADA Price Rally? After printing a couple of bullish candles, the bears have again begun to exert some pressure on the rally. However, the Cardano fundamentals remain strong as GitHub commits and core updates remain consistently high. This strong development baseline reinforces investor confidence, even in times of high volatility. The major hurdle for Cardano to clear is around $0.52, which had been a strong base until the November crash.
However, the bulls cannot regain control of the rally until it secures the range above $0.75. Cardano’s reclaim of a key resistance level, rising whale accumulation, and consistently strong developer activity suggest that ADA may be entering an early-stage bullish phase. While upside targets remain contingent on broader market conditions, the groundwork for a move toward $0.70–$0.80 appears to be forming.$ADA
Ethereum Price Rallied 4% Today to Hit $3,144: Is the Altcoin Bottom In?
Ethereum (ETH) price has signaled a potential market reversal ahead. The large-cap altcoin, with a fully diluted valuation of about $377 billion, rallied 4% during the past 24 hours to trade above a crucial midterm supply level around $3,082. In the four-hour timeframe, the ETH/USD pair will have formed a potential higher low, after consistently closing above its falling logarithmic trend and the resistance level around $3,082.
Ethereum Price Eyes Parabolic Rally Next Akin to Gold From a technical analysis standpoint, the ETH/USD pair has formed a similar fractal pattern to Gold. After four years of consolidating in a horizontal pattern, the gold price experienced a parabolic rally to a new all-time high of about $4,373.
Similarly, the ETH price has formed a similar fractal pattern, thus signaling a potential big setup for a parabolic bull rally.
Main Reasons Why ETH Will Lead an Altcoin Pump Soon Rising DeFi activity: ETH has benefited from institutional adoption The Ethereum network has evolved into a major ecosystem of Decentralized Finance (DeFi). With a total value locked (TVL) of about $70 billion and a stablecoin supply of around $165 billion, the Ethereum network has attracted more institutional lending protocols such as AAVE.
According to market data from DeFiLlama, Ethereum’s TVL and stablecoin supply have surged exponentially in the past few months. The gradual implementation of the GENIUS Act has helped the Ethereum network attract more institutional investors and retail traders. Rising global money supply: Groundbreaking shift of the Fed’s monetary policies The midterm outlook for Ethereum and the wider altcoin market remains bullish fueled by the rising global money supply. In the United States, President Donald Trump has been preparing to announce a new Fed Chair, with the odds favoring Kevin Hassett.
Meanwhile, with the Fed already printing more money to buy U.S. securities and treasuries, the global money supply will experience a sharp uptick. As such, ongoing capital rotation to altcoins will favor a major pump in the coming months.$ETH $AAVE
In just over two weeks, US-listed spot XRP ETFs have accumulated roughly 318 million XRP, translating to about $648 million in value. Other filings show even higher aggregate holdings, consistent with the $844.99 million figure being tracked.
Major fund managers like Franklin Templeton and Grayscale Investments have entered the market, with disclosures showing tens of millions of XRP under management.
This accumulation is significant: it reflects a regulated, institutional gateway into XRP, which may reduce friction for large-scale capital and improve supply dynamics on the spot market. How Will This Impact the XRP Price Rally? The XRP price is currently trading around $2.18 with intraday gains of nearly 5%, forming a daily high of around $2.21. The ETF flow backdrop suggests demand is shifting, which often precedes structural breakout attempts. With the strong institutional backing, the supply side may tighten, which often leads to a sharper move when liquidity triggers align. The support zone between $1.91 and $1.97 has been one of the strongest support ranges since the start of the year. During the current pullback, this zone held back the rally and triggered a rebound, which is now about to enter the Ichimoku cloud. Moreover, the levels are about to undergo a bullish crossover that may help the price to remain within a consolidated zone for a while. On the other hand, the OBV that had maintained a steep descending trend, has flattened a bit, indicating a pause in the bearish trend. Therefore, the XRP price trajectory is bullish with a potential to rise above the resistance range between $2.23 and $2.27. Once the price rises above the range, then the upward pressure may fade a little, paving the way for the token to test higher targets above $2.5 or $2.8. $XRP
Will DOT Price Sprint to $3.61 or Stall Near $3.19?
Polkadot’s price suggest the bulls are steering the ship after months of sideways action. The highlight? DOT price soared above the pivotal $2.85 resistance, clearing it with conviction on a massive volume surge of $918.8 million, up 123.75% for the day. This rally printed a fresh local high of $3.52 before pulling back.
The 4-hour chart’s MACD histogram sits in bullish territory, and RSI14 just rose above 70. Typically, this tells me that price targets can be reached quickly, assuming the hype doesn’t fade. That being said, immediate resistance stands at $3.61, the 23.6% Fib line. Which I expect DOT could attempt to hit within the next 48 to 72 hours if buy pressure keeps up. If DOT conquers $3.61, the $4.00 psychological barrier comes into view. Contrarily, failure to close above $3.30 or a drop below $3.19 could invite short-term profit-taking. Which could send DOT back toward $2.85 for a retest. If bearish volume creeps in, the fall may stretch to $2.46, but the bullish bias dominates until proven otherwise. As long as buyers hold the $3.19 level, DOT’s upward potential remains very much alive.
What Do Investos Have To Say? Analyst and investor Capo, highlights on X that Polkadot is forming a pattern similar to ZCash. And could soon post a parabolic move to new highs.$DOT
Accumulation Near Key Support Signals a Potential Recovery Phase
Near Protocol price has been trading steadily between $2.00 and $2.40, showing clear accumulation around its lower range. This stability, despite broader market uncertainty, reflects growing confidence among long-term holders. The token has tested the $1.90 zone multiple times without breaking lower, forming a solid foundation for the next potential move. Historically, such accumulation phases often precede explosive rallies, especially when combined with rising trading activity and improving sentiment. The weekly chart of NEAR/USDT outlines a larger A-B-C wave structure, suggesting that the token might be nearing the end of its correction phase. According to the pattern, the current price at around $2.32 marks point (B)—a potential reversal zone from where a new upward wave could begin. The projected target zone (C) lies between $14 and $20, indicating a possible 6x to 8x upside from current levels if the bullish structure unfolds. This aligns with a long-term recovery setup rather than a short-term rebound, making NEAR one of the most promising mid-cap tokens to watch in the coming months. Price Outlook: Can NEAR Hit Double Digits Again? Investor sentiment toward NEAR has started shifting positively. Social data and derivatives market volumes indicate that traders are positioning for a potential breakout. Many are comparing NEAR’s current setup to ICP’s recent breakout, which led to a sharp 40% surge. If Bitcoin continues to trade steadily and overall crypto liquidity remains high, NEAR could attract the next wave of speculative and institutional inflows.
If NEAR manages to clear the $3.20–$3.50 resistance zone, it could confirm a short-term bullish reversal. Beyond that, sustained momentum could lift the token toward $7 and $10, with long-term projections hinting at the $14–$20 target zone highlighted on the chart. However, failure to hold above $1.90 may delay this rally, pushing the token into extended consolidation before another leg up.$NEAR
ZEC Hits $538 ATH as Privacy Narrative Takes Center Stage
The Zcash price chart delivered one of the year’s most explosive breakouts as ZEC climbed to $538, marking a fresh all-time high. This surge aligns with the broader Q4 rotation into privacy-focused assets, driven partly by uncertainty surrounding future Federal Reserve rate cuts and brief recovery signs from Bitcoin’s today’s price action that lifted overall market sentiment.
Even the whales aren’t sitting idly, like Arthur Hayes, who has been another undeniable strong factor acting as a key catalyst, with multi-million-dollar long positions opening across exchanges, further amplified by vocal support from major market participants like Arthur Hayes, who has called for $1,000 per ZEC ahead.
Many traders and users believe that ZEC is not merely “pumping,” but actively reclaiming its narrative, as privacy once again becomes a core theme of rebellion in crypto. Shielded Adoption Surges as Zcash Strengthens Its Core Use Case Fundamentally, Zcash crypto is gaining traction due to its defining feature: encrypted transactions, according to a recent CoinDesk research report. While most crypto transfers leave a public trail, ZEC’s shielded pool protects financial activity at scale. Each shielded transaction expands a global privacy set, strengthening protection for all users.
A recent deep-dive analysis highlighted several structural growth metrics, like One-fifth of ZEC supply is now shielded, which rose from approx. 1.2M to 4.5M ZEC over the years. Similarly, Active shielded addresses have grown from a few thousand in 2018 to tens of thousands in 2025, per the report.
Likewise, its transparent balances remain flat, while its encrypted holdings continue to climb.
These trends indicate a rapidly rising adoption among users who prioritize financial privacy, and they point to a strengthening foundation for the Zcash price forecast 2025. Moreover, the report notes that network upgrades have also continued to contribute to this growth. With NU6.1 in the planned stage and NU7 in the planning stage, this speaks strongly for their ecosystem. The ZEC’s roadmap signals ongoing improvements that could lift the Zcash price USD throughout the coming cycles. Market Metrics, Futures Growth, and Technical Signals Shape Outlook While examining more technical aspects of Zcash charts, ZEC’s explosive rise has pushed it ahead of major altcoins like Sui (SUI) and Hedera (HBAR), although it remains slightly behind. As a result, it now boasts a market cap of $8.56 billion.
Similarly, the futures data support this momentum, with ZEC open interest reaching an all-time high amounting $897.40 million, hinting at sustained bullish positioning. However, while momentum still appears strong, this is cross-confirmed by indicators such as MACD, AO, and CMF, which also indicate strong upward momentum. Nevertheless, risk metrics still suggest caution.
According to one of the most reliable technical indicators also echoes this warning, as the RSI at 84 reflects extreme overbought conditions. This suggests that a corrective move may be necessary for a sustainable upside if investors view this rally as a potential extension in the future.
Based on its price action, the ideal cooldown zone appears near $360, aligning with a healthier market structure. This would be nearly 35% decline from ATH $538. $ZEC
Ethereum (ETH) Price Prediction Ethereum hovers at $3,878.86, down slightly for the week but up 0.79% in 24 hours. The daily chart reveals a technical bounce from the $3,713 support, with price rebounding inside a tightening Bollinger Band. Oversold RSI readings and a nascent MACD crossover suggest a short-term momentum reversal is forming.
ETH price faces strong resistance at $4,101 and upper hurdles at $4,194 and $4,265. On the downside, $3,713 remains the pivot to watch, with deeper support near $3,698. This week saw $643 million in ETH exit exchanges, reducing immediate sell pressure, while persistent negative funding rates offer short squeeze fuel. If bulls reclaim $3,950, a move toward $4,100–$4,200 is feasible. However, failure at $3,713 would expose $3,698 and possibly $3,495. $ETH
Bitcoin (BTC) Price Prediction Bitcoin price trades at $110,163.62 after slipping -1.45% for the week, but retains a near-flat 24-hour change. The chart indicates a series of lower highs above $109,200, closely shadowing tightening Bollinger Bands—a classic precursor to heightened volatility. With volume dropping 2.7% over 24 hours, traders are bracing for a large directional move.
Technically, BTC’s daily support holds at $109,208, with secondary cushions at $107,696 and $104,582. Resistance aligns with the mid-band near $110,433 and extends toward $115,600. If BTC breaks above today’s immediate resistance at $110,433, it could target the $115,600-$118,000 region. Conversely, failing to hold $109,200 risks a further dip to $107,696.
Historically, November delivers outsized Bitcoin gains (42.5% average since 2013). And institutional interest, underscored by Steak ’n Shake’s treasury allocation, bolsters the bullish narrative for a possible late-month surge.$BTC
🚀 I’ve smashed all the goals we talked about in our previous post about BNB!
The journey with BNB keeps getting better — every milestone reached proves the strength of this amazing ecosystem. 💪💰
From faster transactions ⚡ to real growth in DeFi and Web3, BNB continues to lead with innovation and utility.
The mission doesn’t stop here — it’s only the beginning. 🚀✨
$BNB
Crypto_Awad
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BNB future predictions in 2024, 2025, 2030
What is BNB coin? Launched in July 2017, Binance is the world's largest cryptocurrency exchange based on daily trading volume. Binance aims to place cryptocurrency exchanges at the forefront of financial activity globally. The idea behind the name Binance is to showcase this new model in global finance – Binary Finance, or Binance.
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In the past 24 hours, Dogecoin (DOGE) saw a notable on-chain move as a whale transferred around 122 million DOGE (worth nearly $28.5 million) off Binance to a private wallet. Such exchange outflows are often viewed as a sign of accumulation and confidence in long-term prospects, reducing immediate selling pressure on the market. This aligns with recent data showing large holders steadily adding to their positions despite short-term price volatility. If bullish momentum holds, DOGE may attempt another rebound from its current range, but failure to sustain demand could still trigger a steep pullback. The weekly price chart of DOGE suggests the popular memecoin is still in a consolidation phase, but the bulls are in control. The price continues to trade within the upper bands of Bollinger, which usually suggests strength and bullishness in the market. Instead of sharp pullbacks, the token is digesting gains, which often precedes another upward leg. It also suggests the popular memecoin could be preparing for a breakout higher if the buying volume picks up. On the contrary, if the consolidation lingers too long or bands begin to widen excessively, it can also signal overbought conditions and a possible short-term correction. On the other hand, the CMF is displaying bearish divergence below 0, signaling the buying pressure is weakening, even though the price continues to consolidate. This is a red flag, indicating the rally may lose momentum. Therefore, the Dogecoin (DOGE) price appears to be at the crossroads, as the possibility of an extended pullback looms over the rally. If the price fails to defend the support at $0.2, a drop to $0.18 is imminent. $DOGE