$SHIB #Shibalnu #StrategicBTCReserve 💥💥💥💥💥💥💥
From $10 to $1 Million: Shiba Inu Burn Rate Jumps 38,000%, Sparking Fresh Excitement
If you had invested just $10 in Shiba Inu (SHIB) on August 2, 2020, and sold at its highest price on October 28, 2021, you would have made about $1 million. That’s a massive return of over 10 million percent — showing just how explosive SHIB’s growth was during that time.
Now, the Shiba Inu community is excited again after a huge 38,299% jump in the burn rate on May 1, 2025. According to Shibburn, nearly 283.74 million SHIB tokens were burned in just one day — and one wallet alone destroyed 263.70 million of them.
This big burn adds to the total amount of SHIB permanently removed from circulation, which helps reduce the supply. Fewer tokens in the market can lead to higher prices over time, which is why many SHIB supporters are feeling hopeful.
Right now, SHIB is trading at around $0.000013, with strong support at $0.000012. Even though the price hasn’t moved much yet, basic supply and demand suggests there could be room for it to rise — especially if large burns keep happening.
With the SHIB community backing these burns and the market showing signs of recovery, many investors are wondering: Is another Shiba Inu breakout on the way?
