{"id":28863,"date":"2025-07-14T11:51:25","date_gmt":"2025-07-14T11:51:25","guid":{"rendered":"https:\/\/cryptd.in\/shiba-inu-shib-burn-rate-explodes-by-2000-weekly-further-price-rally-incoming\/"},"modified":"2025-07-14T11:51:25","modified_gmt":"2025-07-14T11:51:25","slug":"shiba-inu-shib-burn-rate-explodes-by-2000-weekly-further-price-rally-incoming","status":"publish","type":"post","link":"https:\/\/cryptd.in\/fr\/shiba-inu-shib-burn-rate-explodes-by-2000-weekly-further-price-rally-incoming\/","title":{"rendered":"Shiba Inu (SHIB) Burn Rate Explodes by 2,000% Weekly: Further Price Rally Incoming?"},"content":{"rendered":"<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">SHIB\u2019s recent price pump coincides with a substantial resurgence of the project\u2019s burning program.<\/span><\/li>\n<li>Despite strong fundamentals, Shiba Inu\u2019s RSI is nearing 70, indicating it may be overbought and could face a brief correction.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SHIB-Burn_CB.jpg\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"alignnone size-full wp-image-404094\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SHIB-Burn_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" \/><\/a><\/span><\/h2>\n<h2>More Gains Ahead?<\/h2>\n<p><span data-preserver-spaces=\"true\">Shiba Inu (SHIB) has followed the impressive resurgence of the cryptocurrency market over the past week, posting a price increase of around 17%. Its market capitalization exceeded $8 billion, solidifying the asset\u2019s position as the second-largest meme coin.<\/span><\/p>\n<figure aria-describedby=\"caption-attachment-404092\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SHIB-Price.png\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"wp-image-404092\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SHIB-Price.png\" alt=\"SHIB Price\" width=\"511\" height=\"400\" \/><\/a><figcaption class=\"wp-caption-text\">SHIB Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Data shows that the team and community have <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/shibburn\/status\/1944668230133371023\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">burned<\/span><\/a><span data-preserver-spaces=\"true\"> more than one billion SHIB in the past seven days, representing a 2,080% surge compared to the prior week. The ultimate goal of the burning mechanism is to reduce the overall supply, making the asset scarcer and potentially more valuable (assuming demand remains constant or heads north).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The program\u2019s revival isn\u2019t the only sign suggesting SHIB could see further short-term gains. <\/span><span data-preserver-spaces=\"true\">Over the past month, exchange <\/span><span data-preserver-spaces=\"true\">netflows<\/span><span data-preserver-spaces=\"true\"> have remained largely negative, indicating a shift from centralized platforms to self-custody<\/span><span data-preserver-spaces=\"true\"> \u2013 <\/span><span data-preserver-spaces=\"true\">a development that reduces <\/span><span data-preserver-spaces=\"true\">the<\/span><span data-preserver-spaces=\"true\"> immediate selling pressure.<\/span><\/p>\n<figure aria-describedby=\"caption-attachment-404093\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SHIB-Exchange-Netflow-1.png\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"wp-image-404093\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SHIB-Exchange-Netflow-1.png\" alt=\"SHIB Exchange Netflow\" width=\"964\" height=\"400\" \/><\/a><figcaption class=\"wp-caption-text\">SHIB Exchange Netflow, Source: CryptoQuant<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The solid performance of Shiba Inu\u2019s layer-2 scaling solution is also noteworthy. Daily transactions processed on the network have been consistently in the millions over the last several weeks, while the total number of blocks recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.shibariumscan.io\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">surpassed<\/span><\/a><span data-preserver-spaces=\"true\"> the milestone of 12 million. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Shibarium fosters the development of the Shiba Inu ecosystem by reducing transaction fees and improving speed<\/span><span data-preserver-spaces=\"true\">, and <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/shiba-inu-shib-to-the-moon-but-under-this-crucial-condition-bitcoin-advocate-weighs-in\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">according<\/span><\/a><span data-preserver-spaces=\"true\"> to some industry participants, its further advancement could positively impact the price of the meme coin.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Dernier point, mais non des moindres<\/span><span data-preserver-spaces=\"true\">, we will <\/span><span data-preserver-spaces=\"true\">touch upon<\/span><span data-preserver-spaces=\"true\"> the <\/span><span data-preserver-spaces=\"true\">rising<\/span><span data-preserver-spaces=\"true\"> public interest in SHIB.<\/span><span data-preserver-spaces=\"true\"> The Google searches involving the cryptocurrency have climbed to their highest level in two months, suggesting a new wave of retail investors might enter the market.<br \/>\n<\/span><\/p>\n<figure aria-describedby=\"caption-attachment-404091\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SHIB-Google-Trends.png\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"wp-image-404091\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SHIB-Google-Trends.png\" alt=\"SHIB Searches\" width=\"1190\" height=\"400\" \/><\/a><figcaption class=\"wp-caption-text\">SHIB Searches, Source: Google Trends<\/figcaption><\/figure>\n<h2><span data-preserver-spaces=\"true\">The Risk of Correction<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Despite the multiple bullish elements, a few metrics hint that SHIB\u2019s rally might be briefly interrupted soon. An example is the Relative Strength Index (RSI), which measures the speed and magnitude of price changes.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Currently, the ratio hovers around 70, indicating that the valuation has increased too rapidly over a short period and may be due for a pullback.<\/span><\/p>\n<figure aria-describedby=\"caption-attachment-404083\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SHIB-RSI.png\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"wp-image-404083\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SHIB-RSI.png\" alt=\"SHIB RSI\" width=\"2408\" height=\"400\" \/><\/a><figcaption class=\"wp-caption-text\">SHIB RSI, Source: CryptoWaves<\/figcaption><\/figure>\n<p>Le poste <a href=\"https:\/\/cryptopotato.com\/shiba-inu-shib-burn-rate-explodes-by-2000-weekly-further-price-rally-incoming\/\" rel=\"nofollow\">Shiba Inu (SHIB) Burn Rate Explodes by 2,000% Weekly: Further Price Rally Incoming?<\/a> est apparu en premier sur <a href=\"https:\/\/wordpress-433650-5559317.cloudwaysapps.com\/\" rel=\"nofollow\">CryptoPatate<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR SHIB\u2019s recent price pump coincides with a substantial resurgence of the project\u2019s burning program. Despite strong fundamentals, Shiba Inu\u2019s RSI is nearing 70, indicating it may be overbought and could face a brief correction. More Gains Ahead? Shiba Inu (SHIB) has followed the impressive resurgence of the cryptocurrency market over the past week, posting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":28865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shiba Inu (SHIB) Burn Rate Explodes by 2,000% Weekly: Further Price Rally Incoming? - 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\/fr\/shiba-inu-shib-burn-rate-explodes-by-2000-weekly-further-price-rally-incoming\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu (SHIB) Burn Rate Explodes by 2,000% Weekly: Further Price Rally Incoming? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"TL;DR SHIB\u2019s recent price pump coincides with a substantial resurgence of the project\u2019s burning program. 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Despite strong fundamentals, Shiba Inu\u2019s RSI is nearing 70, indicating it may be overbought and could face a brief correction. More Gains Ahead? 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