Shiba Inu’s Burn Rate Explodes by 78,000% — Is a Price Surge Next?

The Great Burn: SHIB’s Supply Squeeze Ignites Speculation

In the world of meme coins, few metrics spark excitement like a skyrocketing burn rate—and Shiba Inu just delivered the mother of all spikes.

Over the past 24 hours, SHIB’s burn rate exploded by 78,273.79%, according to Shibburn data. In that time, 87,958,122 SHIB tokens were permanently removed from circulation—reducing supply and reigniting one of crypto’s most talked-about deflationary narratives.

This isn’t just noise. It’s a structural shift in token dynamics at a critical moment.

At the same time, SHIB’s price climbed 8%, rising from $0.00001271 to $0.00001398—and crucially, broke above its 200-day Simple Moving Average (SMA) at $0.00001355. That technical milestone is widely seen as a signal of long-term trend reversal, often triggering algorithmic and institutional buying.

Now, traders are asking: Could this be the start of a new leg up?

How the Burn Works — And Why It Matters

Unlike Bitcoin’s fixed supply, Shiba Inu relies on deflationary mechanics to create scarcity. Every time SHIB is used for transactions, staking, or interacting with the ecosystem (like ShibaSwap), a portion is burned—permanently destroyed.

This process slowly but steadily reduces the total supply, which currently stands at over 589 trillion SHIB—down from an initial quadrillion.

Recent data shows:

• 101 million+ SHIB burned in the past 7 days
• 637.92% weekly increase in burn rate
• Growing usage across ShibaSwap, Shibarium (L2), and NFT platforms

When burn activity accelerates, it signals rising on-chain demand—not just speculation. More transactions mean more fees, which means more burns. It’s a positive feedback loop that can fuel price momentum.

Price Meets Scarcity: The $0.000014 Breakout Zone

The timing of this surge is no accident.

After months of consolidation below $0.000013, SHIB has now reclaimed:

• The 200-day SMA — a major trend indicator
• The $0.000014 psychological level — a key resistance-turned-support

If the price holds above this zone, technical targets suggest a move to:

• $0.000016 (14% gain)
• Then $0.000018 (28% gain from current levels)

That may sound modest, but for a high-supply token like SHIB, even small decimal moves can generate massive percentage returns for holders.

And with Bitcoin stabilizing near $120K and altcoin sentiment improving, the macro winds are at SHIB’s back.

The Bigger Picture: From Meme to Ecosystem

While many still see Shiba Inu as a joke, the project has quietly built a functional ecosystem:

• Shibarium: A low-cost Layer-2 network processing millions of transactions
• BONE and LEASH: Secondary tokens used for governance and staking
• Shiba Eternity: A blockchain-based game driving engagement
• NFTs and metaverse projects: Expanding utility beyond speculation

The burn mechanism is now the engine of value accrual—turning user activity into supply contraction.

Analysts note that if burn rates stay elevated and on-chain activity continues to grow, SHIB could enter a virtuous cycle: more usage → more burns → higher scarcity → rising price → more adoption.

Caveats: Hype vs. Sustainable Value

Still, risks remain:

• SHIB’s market cap would need a 10x price increase to reach previous highs
• Burn spikes can be temporary, driven by short-term campaigns or whales
• Regulatory scrutiny around meme tokens is increasing

And while the burn is real, inflationary unlocks or whale dumps could quickly offset gains.

But for now, the narrative is shifting—from meme-driven speculation to tokenomic tightening.