Shiba Inu Coin News – Can the Coin Burn Save Shiba?

Despite recent turbulence, SHIB has gained 4.74% in the last 24 hours, signaling short-term bullish momentum as the market looks for a bounce after this week’s crypto crash. The bigger picture shows the effects of market-wide crash— SHIB is down 6.25% over the past week, and 21.% over the past month. At press time, SHIB is trading at $0.00001452, hovering near a key support level.

Shib is up 4.74% in the last 24 hours, Source: Brave New Coin

SHIB’s Breakout Holding Firm—Next Stop, 450% Gains?

Javon Marks, posting on X, has highlighted a long-term breakout that occurred in early 2023 when SHIB successfully broke a descending trendline. This technical move, confirmed by a subsequent retest, suggested seller exhaustion and growing buyer dominance.

Even amid short-term corrections, SHIB continues to hold this breakout level, keeping the long-term bullish thesis intact. Marks believes this setup supports a price surge to $0.000081—a multi-fold increase from today’s prices. He also pointed to a hidden bullish divergence, which historically precedes strong upside moves, possibly unfolding in late 2025.

“$SHIB continues to hold its breakout which took place in late 2022/early 2023 and prices are still majorly positive since,” says Marks.

With this price breakout holding, the target for Shib continues to be at the $0.000081 point which is currently over 450% away, Source: X

Whales Are Accumulating—A Bullish Signal?

Institutional and whale activity provides additional clues about SHIB’s market trajectory. Over the past 30 days, large holders (whales) increased their SHIB holdings by 0.35%, signaling growing confidence among deep-pocketed investors.

Meanwhile, mid-sized holders—typically strategic investors with a medium-to-long-term horizon—boosted their positions by 0.30%. However, retail investors reduced their SHIB exposure by 0.67%, suggesting smaller traders are exiting the market. This shift in ownership structure often signals a transition to stronger hands, potentially setting the stage for a more sustained rally.

Shiba Inu Coin Burn Rate Explodes

Earlier this month, the Shiba Inu (SHIB) token burn rate skyrocketed by an astonishing 7,000% in the 24 hours, permanently removing over 1.1 billion SHIB tokens from circulation. This surge in burn activity coincides with the launch of ShibTorch V2, a newly upgraded burn mechanism designed to accelerate SHIB’s deflationary process.

According to Shibburn, this marks one of the largest daily burns in SHIB’s history. With this latest event, the total number of tokens burned has now surpassed 410 trillion, as the project continues its aggressive push to reduce its massive circulating supply. The ultimate goal? Create scarcity, boost long-term value, and address investor concerns over SHIB’s oversupply.

The launch of ShibTorch V2 has ignited a fresh wave of excitement within the Shiba Inu community, reinforcing the project’s commitment to a deflationary model. By systematically removing SHIB from circulation, developers aim to increase scarcity and drive long-term price appreciation.

Community-Driven Shiba Inu Burn Rate and Shibarium’s Role

SHIB’s burn strategy isn’t just a developer-led initiative—the community plays a crucial role, voluntarily contributing to burn campaigns. To facilitate this process, the Shiba Inu team has introduced multiple burn mechanisms, including:

• Transaction Fees Redirection – A portion of collected fees is converted into SHIB and sent to dead wallets.
• Shibarium Layer 2 Integration – SHIB’s Layer 2 blockchain, Shibarium, supports automated burns, where a percentage of transaction fees are used to permanently remove tokens from circulation.

88% of the Shib community are bullish according to Coinmarketcap

Will Burning SHIB Be Enough to Drive Prices Higher?

While the 410 trillion SHIB burned to date represents an impressive milestone, trillions more remain in circulation, keeping supply high. Unless demand significantly increases, token burns alone may not be enough to trigger a sustained price rally.

Still, the Shiba Inu community remains committed to reducing supply, hoping that over time, scarcity and ecosystem growth will translate into higher valuations. For now, all eyes are on whether ShibTorch V2 will make a meaningful impact—or if SHIB needs a stronger catalyst for a real breakout.

The ShibBurn dashboard, Source: ShibBurn 

The ShibBurn dashboard provides real-time tracking of Shiba Inu (SHIB) token burns, a deflationary mechanism aimed at reducing the circulating supply and potentially increasing the token’s value over time. At the top of the dashboard, the current SHIB price ($0.00001453), market capitalization ($8.57 billion), and 24-hour trading volume ($241.4 million) are displayed, offering a snapshot of SHIB’s market performance.

On the left side, the total burned supply is highlighted, with 410.74 trillion SHIB permanently removed from circulation since the token’s inception. SHIB’s maximum total supply is listed as nearly 1 quadrillion tokens, while the current total supply sits at 589.25 trillion SHIB, with 584.32 trillion tokens still in circulation and 4.93 trillion SHIB staked in the xSHIB program.

A key highlight is the burn rate indicator, which shows an impressive 1,749.76% increase in the past 24 hours, with 38.88 million SHIB burned. This suggests a recent spike in token-burning activity, potentially driven by the community, automated burn mechanisms, or developments like Shibarium’s Layer 2 protocol contributing to SHIB deflation.

On the right, the latest burn transactions section lists recent burns, displaying wallet addresses, transaction timestamps, burn amounts, and burn categories (BA-1, BA-2, CA, etc.). Significant burns include over 18.9 million SHIB sent to a dead wallet 24 hours ago and another 10.3 million SHIB burned 19 hours ago. The transactions indicate both small and large-scale burns, reflecting continued engagement from the SHIB community and network participants.

The dashboard provides valuable insights into SHIB’s deflationary model, showcasing how burns impact supply while offering transparency on community-driven and automated burning initiatives.

Shib Inu Coin – Watch Price Prediction Video

Final Thoughts: A High-Risk, High-Reward Setup?

SHIB’s price action remains at a crossroads—on one hand, a solid technical breakout and whale accumulation suggest a potential explosive rally, while weak network growth and bearish signals raise concerns about further downside. In the meantime, the Shiba Inu burn rate keeps rising, which can be interpreted as bullish news for SHIB over time. SHIB Price predictions will be easier to interpret after the current market dump passes. 

With the meme coin frenzy cooling, the original meme coins like DOGE and SHIB could be set to outperform.

For now, all eyes are on whether SHIB can maintain key support levels. If Marks’ prediction holds, a 450% rally could be on the horizon, but short-term price action will be crucial in determining if the meme coin is truly ready for liftoff.