What happened?
On July 25, 2025, the Shiba Inu team unveiled plans to burn 200 trillion SHIB—one of the largest single burns ever announced. This move aims to tighten supply and stave off overbought technical signals after July’s 30% rally.
The announcement accompanied a healthy “technical reset” as SHIB retraced ~4.3% into neutral RSI territory (47.1). Analysts say this burn could spark renewed upside once consolidation ends.
Why burn?
🐕 Reduce circulating supply → scarcity
💡 Signal commitment to long‑term holders
📈 Lay groundwork for next breakout
