Shiba Inu Burn Rate Surges 3,904% as SHIB Eyes Rebound

Key Notes

• SHIB burn rate surged by 3,904.47% in 24 hours.
• A total of 410,754,214,607,594 SHIB has been removed from the total initial supply.
• SHIB price is not responding positively to this supply shock, as it trades at $0.000007859.

Canine-themed memecoin Shiba Inu

SHIB $0.000008

24h volatility: 6.0%

Market cap: $4.63 B

Vol. 24h: $160.74 M

has seen its token burn rate skyrocket by 3,904.47% over the last 24 hours. According to Shibburn, the dedicated burn tracker for the digital asset, this massive burn rate is equivalent to the permanent disappearance of a total of 29,998,516 SHIB. Analysts and market watchers expect this momentum to trigger an uptick for SHIB price.

Shiba Inu Price Fails to Respond to Burn

Within the last 24 hours, Shiba Inu has experienced a 6% decline in market value, according to data from CoinMarketCap.

As a result, the memecoin is currently trading at $0.000007859, an unexpected price level after the weekend crash. A supply shock is often perceived as a mechanism that pumps the token price, following the principle of supply and demand.

Related article: Shiba Inu Price Prediction: $1 Billion Could Be Added Next Week – But Only If This Rare Pattern HoldsReduced supply with increased demand should translate into upscale prices, but not in the case of SHIB. Its latest 3,904.47% surge in burn rate cleared out almost 30 million Shiba Inu.

Also, it increased the total number of burnt SHIB from the initial supply to 410,754,214,607,594. Consequently, the ecosystem has 585,407,401,755,234 SHIB in circulation, while another 3,838,383,637,171 SHIB remains staked.

A week ago, market analysts saw potential for the memecoin to hit $0.00000870 after stabilizing above the $0.00000810 zone. Insights gathered from TKResearch Trading showed that whales were controlling SHIB’s exchange liquidity. Exchanges recorded a net outflow of 80 trillion SHIB, with exchange balances declining from 370.3 trillion to 290.3 trillion.

These analysts are still anticipating that an incoming price increase clears the path to the 200-day EMA at $0.00001054.

Maxi Doge Presale Takes Front Stage

The reason for Shiba Inu’s failure to move in the direction of its burn rate is not yet known, but investors have taken a liking to Maxi Doge (MAXI), another canine-themed crypto asset.

By all means, this token is gaining traction and enjoying the limelight, and has successfully entered the league of the best crypto presales of 2025. Investors have seen this new project gather positive momentum, which has now caused it to grow significantly in such a short time.

So far, its ongoing project presale has raised a total of $4,498,836, underscoring its strong traction. This is an indication that investors perceive its long-term potential and are willing to invest their funds.

Current Presale Stats:

Current price: $0.000279

Amount raised so far: $4.49 million

Ticker: MAXI

Purchases can be completed using credit or debit cards, as well as cryptocurrency. Read how to buy Maxi Doge in our guide.

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