Anticipated Increase in SHIB Value? Shiboshi’s Agent Implements Burn Mechanism to Reduce Token Supply

The creators of Agent Shiboshi, a sports platform built on the Shiba Inu network, have introduced a new 1v1 duel format that could lead to increased demand for SHIB.

According to Lucie, the marketing lead for the Shiba Inu ecosystem, participants in these duels can compete for 80% of their wagered tokens, while 10% of each wager will be allocated to burning SHIB.

Agent Shiboshi: SHIB Burns & 1v1 Duels Are Here!
Every duel results in SHIB being burned, making each match beneficial for the ecosystem! Get ready for 1v1 battles, where the winner takes most, and Sheboshis join the fight.
Duels = SHIB Burns
•50,000 SHIB entry fee per participant.
•Payout: 80% to… pic.twitter.com/JCYMOCg1A9

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 6, 2025

To enter, players are required to pay an entry fee of fifty thousand SHIB (approximately $0.6825).

With 10% designated for the burn pool, this equates to about 7 cents worth of SHIB being burned per duel, potentially reducing supply as more players participate.

SHIB Increases for Four Consecutive Days Despite Market Weakness

Token burns diminish a token’s circulating supply, creating scarcity that may lead to short-term price increases.

Shiba Inu (SHIB) has risen by 0.8% in the last 24 hours, trading at $0.00001364, defying the broader trend among meme coins. Dogecoin (DOGE) and Bonk (BONK) have seen declines of 2.9% and 3%, respectively, while the overall meme coin market capitalization has fallen by 3% to $55.5 billion.

Yesterday, President Donald Trump signed an executive order (EO) to establish a U.S. Strategic Bitcoin Reserve and a Digital Asset Stockpile.

However, the EO indicated that only government-owned assets would be included, disappointing investors and prompting a market-wide sell-off.

Despite this, SHIB has shown resilience, achieving gains for four consecutive days. Nevertheless, it has not yet fully recovered from the sharp drop experienced on Monday.

The daily chart indicates that the asset is still on a downward trend. To reverse this, SHIB must surpass the $0.00001530 level in the coming days.

Momentum indicators suggest a bullish outlook as the Relative Strength Index (RSI) has moved above the signal line. The MACD’s histogram displays some erratic behavior and lacks a clear direction.

Currently, SHIB’s upside potential appears limited. However, leading crypto presales like MIND of Pepe ($MIND) present significant upside opportunities for early investors.

MIND of Pepe ($MIND) Utilizes AI to Launch a Powerful AI Agent

MIND of Pepe ($MIND) employs AI to provide token holders with valuable insights, assisting them in navigating market conditions and seizing emerging meme coin opportunities.

The AI agent collects data from X (formerly Twitter), offering key intelligence to MIND holders.

As its influence expands, it may also gain the ability to mint new assets and provide $MIND holders exclusive access to private sales, maximizing their potential returns.

Once it has gained sufficient influence, it can also mint new assets and offer $MIND investors exclusive access to private sales, enabling them to achieve the highest returns from these opportunities.

At its discounted price of $0.0034677, $MIND could yield substantial gains for early investors. The success of its presale event, which has raised $7.1 million in just a few months, reflects the market’s growing interest in AI agent tokens.

To purchase $MIND, simply visit the official MIND of Pepe website and connect your wallet (e.g., MetaMask). You can either swap ETH, USDT, or BNB tokens or use a bank card to make your investment.

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