SHIB burn activity rises as Mono Protocol’s Stage 19 crypto presale advances, drawing growing attention with unified balances and strong user engagement.
SHIB burn activity is rising again and drawing attention across the market. At the same time, Mono Protocol continues expanding its crypto presale in Stage 19. The project is gaining traction as users track updates and progress.
SHIB Burn Data Re-Enters the Market Conversation
Recent SHIB supply movements placed the token back into market monitoring. ShibaBurnTracker recorded 163 million SHIB burned in November through 248 transactions, showing consistent daily activity.
The strongest burn day removed more than 60 million tokens, representing a notable single-day reduction. These removals add to the long-term total, with over 410 trillion SHIB permanently destroyed since the burn program began in 2022.
SHIB’s circulating supply now sits near 585 trillion tokens, reflecting the large volume still active on-chain. However, frequent burns remain an important metric followed by users seeking potential changes in token circulation.
Another observed trend is the drop in SHIB exchange balances. Centralized platform reserves fell to 81.2 trillion SHIB, the lowest level since early 2021.
Lower exchange balances often suggest reduced short-term selling pressure, as tokens move to wallets instead of trading accounts. This trend can create interest among traders watching supply metrics across major assets.
Source: CryptoQuant
SHIB/USDT Market Structure and Price Dynamics
The SHIB/USDT 5-minute chart demonstrates a clear sequence of market phases, starting with a controlled downtrend characterized by lower highs and consistent selling pressure. This structure breaks abruptly at the beginning of December, where an aggressive downside impulse sends price sharply lower, likely driven by a liquidity event or large-scale liquidation sweep. Following the drop, SHIB forms a broad accumulation range between approximately 0.00000780 and 0.00000810, indicating buyers gradually absorbing supply.
The breakout from this range on December 2 marks a decisive shift in market sentiment, with a strong impulsive rally pushing price toward 0.00000860–0.00000870. This upper area is acting as a short-term resistance zone, where price is now consolidating. Overall, the chart reflects a transition from distribution, to capitulation, to accumulation, and finally a bullish expansion phase-suggesting improving momentum and a potential continuation if resistance breaks cleanly.
Mono Protocol Strengthens Its Position in the Crypto Presale Market
While SHIB supply activity continues, Mono Protocol maintains momentum in the crypto presale market. The project is now in Stage 19, priced at $0.0550, with $3.71M raised toward its $3.80M target.
Mono Protocol has become a frequent entry across web3 crypto presale trackers due to its unified cross-chain execution model. Its routing system enables transactions without bridges, chain switching, or manual network adjustments.
This structure supports users seeking consistent performance during early participation. The presale coin model also appeals to individuals analyzing presale cryptocurrency options with active development work behind them.
Mono’s unified balance framework removes fragmentation across networks by consolidating assets into one per-token balance. Users avoid navigating multiple networks, which helps simplify their experience during cryptocurrency presales.
Stage-based progress and steady participation place Mono within ongoing crypto pre sales discussions. Participation remains steady as the presale approaches its milestone target.
Unified Balance System and Smooth Execution Enhance User Adoption
Mono Protocol’s unified execution layer stands out among current crypto presales. Users can hold and use a single balance for each token across all supported chains.
This system eliminates the friction many users face when routing assets across networks. Transactions remain clean and predictable, supporting a more efficient presale crypto experience.
The project also introduced stability improvements across the dashboard and website recently. These fixes improve the clarity and reliability of the interface for ongoing participants.
Mono Protocol’s design supports stronger engagement for users entering the coin presale environment for the first time. Its clear structure allows both new and experienced users to navigate the platform without complexity.
Rewards Hub and Weekly Updates Support Community Participation
The Rewards Hub continues to receive attention as a key part of Mono Protocol’s ecosystem. It offers quests, referral tasks, and engagement missions that encourage long-term involvement.
These features help the project maintain activity throughout its presale cycle. Users can complete tasks, earn rewards, and expand their allocation during the crypto presale phase.
Mono’s weekly updates also support transparency for participants tracking progress. They include details on raised amounts, website fixes, network changes, and community engagement indicators.
As Stage 19 moves toward completion, Mono Protocol remains a leading topic across presale crypto discussions. Its infrastructure-focused design, unified balance system, and active rollout support continued interest from early participants.
