{"id":35557,"date":"2025-10-27T15:07:00","date_gmt":"2025-10-27T15:07:00","guid":{"rendered":"https:\/\/cryptd.in\/shiba-inu-burn-rate-explodes-by-88000-shib-price-surge-to-follow\/"},"modified":"2025-10-27T15:07:00","modified_gmt":"2025-10-27T15:07:00","slug":"shiba-inu-burn-rate-explodes-by-88000-shib-price-surge-to-follow","status":"publish","type":"post","link":"https:\/\/cryptd.in\/cs\/shiba-inu-burn-rate-explodes-by-88000-shib-price-surge-to-follow\/","title":{"rendered":"Shiba Inu Burn Rate Explodes by 88,000%: SHIB Price Surge to Follow?"},"content":{"rendered":"

The second-largest meme coin has performed quite poorly over the past several months, but the resurgence of its burning mechanism may signal that better days are ahead.<\/p>\n

Other factors that suggest a price pump could be incoming include the revival of Shibarium\u2019s activity and a reduction in the number of SHIB tokens stored on crypto exchanges.<\/p>\n

SHIB Burning Goes Through the Roof<\/h2>\n

The X account Shibburn odhalil<\/a> that the Shiba Inu team and community have destroyed almost 30 million coins over the past 24 hours, representing a whopping 88,250% increase compared to yesterday\u2019s figure.<\/p>\n

The program\u2019s ultimate goal is to decrease the overall supply of SHIB, thus making the token scarcer and potentially more valuable (should demand remain stable or head north). The team behind the meme coin introduced the mechanism in 2022, and since then, a total of 410.75 trillion tokens have been scortched, leaving approximately 585.22 trillion in circulation.<\/p>\n

\"SHIB<\/a>
SHIB Supply, Source: Shibburn.com<\/figcaption><\/figure>\n

Another promising sign for the SHIB Army is the resurgence of Shibarium. Daily transactions processed on the protocol, which hovered in the 2,000-5,000 range earlier this month, have recently climbed well above 10,000. Despite still standing far below the record levels at the start of the year, this development indicates increased ecosystem activity, which could positively impact the price of the underlying token.<\/p>\n

\"Shibarium<\/a>
Shibarium transactions, Source: Shibariumscan.io<\/figcaption><\/figure>\n

Furthermore, the amount of Shiba Inu tokens stored on crypto exchanges is just north of 82 trillion, or very close to the four-year low registered a few days ago. This trend suggests that investors have shifted from centralized platforms to self-custody methods, thereby reducing immediate selling pressure.<\/p>\n

\"SHIB<\/a>
SHIB Exchange Reserves, Source: CryptoQuant<\/figcaption><\/figure>\n

SHIB Price Outlook<\/h2>\n

As of this writing, the meme coin trades at around $0.00001043, down 12% on a monthly basis. Its market capitalization has dipped to nearly $6 billion, making it the 34th-biggest cryptocurrency.<\/span><\/p>\n

Contrary to the downtrend, many Shiba Inu community members believe it is too early to wave the white flag. X user Shib Spain p\u0159edpov\u011bzeno<\/a> that \u201ca massive rally\u201d might be knocking on the door, envisioning a price rise above $0.00001350. The analyst using the moniker EtherNasyional was also bullish, saying<\/a>:<\/p>\n

\n
\n
\n
\u201cShiba Inu momentum is at historic lows. The price is quietly gathering strength in a major demand zone. This silence could be the sound of accumulation. And every accumulation has its breakout.\u201d<\/span><\/div>\n<\/blockquote>\n<\/div>\n<\/div>\n

P\u0159\u00edsp\u011bvek Shiba Inu Burn Rate Explodes by 88,000%: SHIB Price Surge to Follow?<\/a> se objevil jako prvn\u00ed na CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The second-largest meme coin has performed quite poorly over the past several months, but the resurgence of its burning mechanism may signal that better days are ahead. Other factors that suggest a price pump could be incoming include the revival of Shibarium\u2019s activity and a reduction in the number of SHIB tokens stored on crypto […]<\/p>\n","protected":false},"author":1,"featured_media":35559,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nShiba Inu Burn Rate Explodes by 88,000%: SHIB Price Surge to Follow? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/cs\/shiba-inu-burn-rate-explodes-by-88000-shib-price-surge-to-follow\/\" \/>\n<meta property=\"og:locale\" content=\"cs_CZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu Burn Rate Explodes by 88,000%: SHIB Price Surge to Follow? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The second-largest meme coin has performed quite poorly over the past several months, but the resurgence of its burning mechanism may signal that better days are ahead. 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