Shiba Inu Faces Challenges Amid Low Network Activity and Token Burn Concerns

Shiba Inu (SHIB) is trading significantly below its peak in 2021, with growing concerns about the low activity on its Shibarium network and ineffective token burn rates. According to NS3.AI, the daily transaction volumes remain minimal, and the current token burn rate suggests it would take over 1,000 years to substantially reduce the supply. Despite these challenges, the development team is actively working on the project, promising privacy upgrades by 2026. Investor sentiment is divided, largely dependent on the execution of the roadmap and whether Shibarium can achieve meaningful adoption to bolster SHIB's value proposition.