SHIB Burn Rate Explodes Over 106,000% — Is a Price Breakout Brewing?
May 21, 2025 – By crypto king trading
Shiba Inu's fire is raging — but will the price catch flame?
In a dramatic move that has reignited community buzz, Shiba Inu's burn rate surged an eye-popping 106,000% in just 24 hours. That’s over 15.3 million SHIB tokens gone — in a flash. And it’s not just a fluke. One wallet alone incinerated 15 million tokens in a single transaction. Another wallet burned 25 million SHIB across four transactions in just two days.
This sudden spike signals a surge in community-driven burning efforts, with dedicated holders working overtime to slash SHIB’s circulating supply and, ideally, boost its long-term value.
But here's the twist — SHIB’s price dipped 5.87% in the same time frame, currently trading at $0.00001425. Daily trading volume still shows strong interest, topping $210 million, but the market cap saw a slight retreat to $8.38 billion.
The Bigger Picture:
410.7 trillion SHIB have been burned to date.
584.4 trillion SHIB remain in circulation.
4.79 trillion SHIB have moved to XSHIB.
So what gives? Despite record-breaking burn activity, the market hasn’t yet responded with a price rally. But long-term holders aren’t blinking. For them, this is a war of attrition — and they’re playing the long game.
Is the Next SHIB Breakout Coming?
Shiba Inu’s community isn’t just watching — they’re acting. With more tokens leaving circulation, pressure is mounting. Add to that the rise of Shibarium and verified dApps powering the SHIB ecosystem, and the foundation for a potential breakout is forming.
Still, uncertainty rules the short-term market. Will this massive burn wave light the spark SHIB investors have been waiting for? Or will it take more than community firepower to flip the charts?
One thing is clear — SHIB’s story is far from over, and the next chapter could be explosive.
Disclaimer: This is not financial advice. Always do your own research and consult a financial professional before making investment decisions.
#MastercardStablecoinCards #MyEOSTrade #BinanceAlphaAlert #MerlinTradingCompetition #DinnerWithTrump $SHIB $SHIB