Shiba Inu (SHIB) has faced a challenging week, dropping below the critical $0.00002 mark as broader cryptocurrency markets undergo corrections. Despite Bitcoin hovering near $101,000, SHIB has struggled to gain traction, with a 10% decline over the past week signaling waning investor confidence. However, a remarkable 612% surge in Shiba Inu’s burn rate has sparked speculation about its future trajectory.
600% Surge in SHIB Burn Rate: A Game-Changer?
Over 3.2 million SHIB tokens were permanently removed from circulation in the last 24 hours, marking a significant milestone in the token burn campaign. Token burns aim to reduce the circulating supply, potentially driving up the price as demand stabilizes or grows. This development underscores Shiba Inu’s commitment to long-term value creation and has reignited optimism within its loyal community.
The SHIB ecosystem continues to roll out updates and developments, bolstering its position in the meme coin market. Analysts believe this sustained focus on reducing supply, combined with community-driven initiatives, could be a pivotal moment for SHIB in 2025.
Current Market Dynamics and Key Technical Levels
SHIB is currently trading at $0.00001998, with technical indicators pointing to bearish momentum. The Relative Strength Index (RSI) has fallen to 39, indicating weak buying interest. A drop below 30 could signal oversold conditions, potentially triggering a short-term rebound.
On the 4-hour chart, the Moving Average Convergence Divergence (MACD) has shown a bearish crossover, with declining buying pressure reflected in the histogram. Support levels at $0.00001950 and $0.00001500 are critical to watch, as a breakdown below these levels could lead to further losses.
Conversely, a breakout above $0.00002 could pave the way for SHIB to test $0.000025, with $0.00003 as the next major resistance. However, sustained bullish momentum will require stronger technical signals and renewed investor confidence.
Will Shiba Inu Regain Its Momentum?
Despite the bearish sentiment, Shiba Inu’s recent burn rate surge could hint at brighter days ahead. With reduced supply and continued community engagement, SHIB remains a token to watch closely. However, breaking through key resistance levels and overcoming broader market challenges will be crucial for its recovery.
Investors remain cautious, awaiting clear signals of a potential reversal. As the crypto market stabilizes, Shiba Inu’s ability to capitalize on its burn rate momentum will determine its trajectory in the weeks to come.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of FXRift. Before making any investment decisions, you should always conduct your own research. FX RIFT is not responsible for any financial losses.
At Paris Blockchain Week, BeInCrypto sat down with Andrey Fedorov, the Chief Marketing Officer and acting Chief Business Development Officer at STON.fi, to dive deep into the platform’s mission, roadmap, and broader views on the DeFi sector.
Andrey Fedorov shared insights into how Omniston, a liquidity aggregation protocol developed by STON.fi, aims to simplify and streamline decentralized liquidity access across the TON blockchain and beyond. It presents a unified integration point for DeFi apps, liquidity providers, and users alike.
Andrey Fedorov on Omniston
Omniston is a decentralized liquidity aggregation protocol that connects DeFi apps to TON liquidity. This protocol is built for the TON blockchain, which means that when users want to swap TON-based tokens, Omniston finds the best deals. I’d say this is a protocol and not an exchange in itself, but it does connect apps, for example, for some exchanges, wallets, games, some other apps that need to access liquidity. So, there are users in these apps who want to swap and trade tokens.
Andrey Fedorov at Paris Blockchain Week
Usually, DeFi apps need to find and integrate with various liquidity sources — a process that’s time-consuming, complex, and often expensive due to the integration work involved. That’s where Omniston comes in. Basically, instead of connecting to five or ten different liquidity sources one by one, you just integrate with Omniston once. It’s like this one plug-in point.
So when a DeFi app connects to Omniston, it automatically gets access to all these different liquidity sources that are already connected. And it works both ways — liquidity providers, market makers, and anyone who has liquidity, they also get access to the user base of those apps.
And the cool thing is, anyone can plug into Omniston. If you have access to liquidity, whether it’s on-chain (like liquidity pools or vaults) or off-chain (like private funds), you can integrate through Omniston. This makes your liquidity available to all the apps connected to Omniston.
As a result, users benefit from deeper liquidity, and liquidity providers can earn yield by serving those users. We use the term “liquidity providers” broadly — it includes market makers and any other entities that can supply liquidity.
About Omniston’s roadmap
Right now, Omniston is mainly focused on providing access — so we’re not charging anything at this stage. The idea is really to drive usage. We want people to connect and start building with it. Liquidity providers can already earn money, and the same goes for DeFi apps — they can build on top of Omniston and create their own revenue models.
As for monetization on our side, we think it’ll come, but probably not in the traditional ‘pay-to-use’ way. We just launched about a month ago, so it’s still very early. The priority right now is adoption. We want to get more apps plugged in, more liquidity providers onboarded. Once we scale that up, we’ll explore monetization options — but that doesn’t necessarily mean we’ll start charging across the board.
The STON.fi team is still finalizing KPIs. We’re testing everything live — this is a working product — so we’re figuring out the numbers as we go. But if I had to name one core metric right now, it’s connectivity. We want to connect as many applications as possible, and aggregate as much liquidity as we can. That’s the north star for us.
Looking at the roadmap, the next big step is cross-chain swaps. Omniston currently runs on the TON blockchain, but we’ve already built the architecture for cross-chain functionality, and we’re actively testing it. Over the next few months, we’ll be working on integration testing.
Of course, we’re taking it step by step. The next chain will likely be Tron, and then we’ll move into EVM ecosystems. But it’s not going to be all at once — we’re rolling this out gradually.
TON — The Ideal Blockchain for Omniston?
There are two reasons why we chose TON. First, it is a technically strong blockchain. Second, it’s rapidly becoming the native chain of Telegram, which has a massive user base of over one billion people.
TON helps us access these huge markets. A technically strong blockchain plus a huge market is a good fit. Additionally, the TON ecosystem offers solid developer support and growing resources, making it a compelling platform on which to build.
I would also add that the TON ecosystem is growing very fast, with strong support from the TON Foundation. Plus, with so many projects on the chain, they craft good documentation that shows the use cases and so on. For developers building on TON, this means they benefit not just from the strong support but also from the collective experience and momentum of the broader community — which is incredibly valuable.
The Impact of Crypto and Blockchain Regulation
First of all, I don’t think regulation is a limitation per se. It’s something we monitor closely, and we take all regulatory developments into account as we grow.
I would say that Europe has made some progress over here because of MiCA. Regulation in the United States is fragmented, but we still need to watch them closely. Our goal is to remain fully compliant — and we view that as necessary and inevitable.
Promising Crypto Trends
Everybody is speaking about AI agents. The concept is definitely compelling and has strong future potential, but the challenge is that there aren’t many clear, practical use cases yet. What we need to do now is find these good use cases, and currently, I would say that there are not so many. That’s the problem. But again, we need to watch this space closely.
From what I understand, AI agents are already being used to evaluate whether there is a balance in the market. It is interesting to use them for this specific test case, but this is only one. It is the most obvious one.
There’s definitely room to explore more impactful ways to combine AI with crypto. It’s an area worth studying closely, and while we’re still in the early stages, I don’t see any fundamental limitations holding us back.
