2026-01-17 06:23:33

As a seasoned veteran in the crypto space, today I want to discuss the current situation and opportunities of SHIB, this "internet celebrity Meme coin." To be honest, the madness of 2021's 880,000x returns has already passed, but as we enter 2026, several new signals on SHIB are worth paying attention to.

The current situation is actually quite contradictory. On one side, whales hold absolute influence—top ten wallets control over 62% of the circulating supply. This is no small number. Due to large holders accumulating tokens at the beginning of the year, the price was driven up by 32%, and spot net inflows even surged by 1153%, with short-term volatility being amplified infinitely.

On the other side, the burn mechanism performance is lacking. The daily burn rate has dropped below 97% at its lowest, indicating what? The enormous circulating supply of 589 trillion makes a deflationary story impossible to realize.

The ecosystem part is quite interesting. The Shibarium chain has already attracted over 200 projects, and active addresses are steadily increasing. But the problem is, no truly popular application that can stand firm has emerged yet. The story of practical value still needs to be developed slowly.

For veteran players like us, SHIB's potential objectively exists. The key is whether the team can truly develop the ecosystem.

SHIB-0,33%

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SchrodingersPaper

· 01-20 01:17

62% of the circulating supply is in whale hands... That's why I don't dare to hold a heavy position, brother.

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0xTherapist

· 01-19 16:55

62% of the circulating supply is held by the top ten wallets. What kind of game is this? It's just a cash machine for big players.

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DefiPlaybook

· 01-17 22:26

62% locked by whales, this wave is definitely whales exploiting retail investors' gains Burn rate dropped to a low of 97%? Laughable, the deflation narrative is just air when it comes to SHIB Shibarium has 200 projects but no hit projects, isn't this just for publicity and data manipulation? A meme coin trying to tell an ecological story, come on, I’ll just keep arbitraging This tactic is exactly the same as some chain promoting ecology two years ago, don’t you all see how it ended? Purely from on-chain data, big players are quietly selling off, don’t be fooled by the price pump

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LiquidationKing

· 01-17 06:53

62% of the circulating supply is held by the top ten wallets. This is just a game of hot potato, bro.

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WhaleStalker

· 01-17 06:52

62% of the circulating supply is tightly held by whales. What's the point of playing? It's all about their mood to harvest profits.

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PermabullPete

· 01-17 06:52

62% of the circulating supply is held by the top ten addresses. This is not decentralization; it's playing with fire.

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StableNomad

· 01-17 06:38

62% concentration in top 10 wallets? ngl that's giving UST vibes and we all know how that ended. pass for now tbh

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InscriptionGriller

· 01-17 06:37

62% of the circulating supply is in whale hands. Isn't this a textbook example of a rug pull? Talking about new signals, I only see the death spiral of a Ponzi scheme. Relying on burn to pump the price? Trash with a circulating supply of 589 trillion, it can't be burned enough. There are no ecosystem blockbuster applications, Shibarium is just an empty shell. Don't bullshit me about potential.

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LiquidationAlert

· 01-17 06:30

Whales hold 62% of the circulating supply, this is market manipulation. Wait, over 200 projects have entered the Shibarium ecosystem? I haven't heard of many that are actually competitive.

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ChainChef

· 01-17 06:27

honestly, shib's got that half-baked protocol kitchen energy rn... 62% in whale wallets is basically letting someone else season your entire dish, ngl. shibarium's simmering but where's the actual killer app that'll make ppl hungry for it? 589 trillion tokens is just too much salt in the pot fr

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