shib

SHIB Burns 715,000 Tokens Daily As Price Tests Critical Support Levels
Shiba Inu's (SHIB) token burn rate surged 3,620% over 24 hours, though the absolute number of destroyed tokens remains negligible relative to the memecoin's massive circulating supply.
The percentage increase reflects exceptionally low baseline burn activity rather than meaningful deflationary pressure.
Data from Shibburn shows 715,893 SHIB tokens were eliminated from circulation in the past day.
The figure represents a 3,620.28% jump from the previous period's 19,243 tokens.
What Happened
The seven-day burn total stands at 2,219,196 tokens, marking a 97.06% decline from recent weekly averages.
Historical periods saw millions of SHIB tokens removed daily.
Current burn volumes have made marginal impact on the overall token supply of 589.25 trillion SHIB.
The memecoin declined 1.31% over 24 hours as of Tuesday morning, trading around $0.0000078.
SHIB experienced consistent selling pressure since reaching $0.000009 on December 9.
Seven of the past eight trading sessions closed lower following that peak.
The broader cryptocurrency market weakness coincided with investor digestion of Federal Reserve rate cuts delivered last week.
Read also: JPMorgan Withdraws $350 Billion From Federal Reserve Ahead of Rate Cuts
Why It Matters
The disconnect between burn rate percentages and actual token destruction highlights the challenge SHIB faces in creating scarcity.
With hundreds of trillions of tokens in circulation, current burn mechanisms provide limited deflationary effect.
Technical analysts identify $0.000009 as critical resistance.
A breakthrough above that threshold could propel] SHIB toward $0.00001 and potentially $0.000011.
Such gains would eliminate one zero from the token's price structure.
Downside support exists around the $0.000007 range.
A break below current levels could trigger additional selling toward that lower boundary.
The modest burn activity suggests SHIB's price movement remains driven primarily by broader market sentiment and speculative trading rather than supply reduction mechanics.
Community-driven token burns have historically generated enthusiasm among SHIB holders.
However, the scale required to materially impact supply measured in hundreds of trillions demands sustained, significantly larger burn volumes.
Read next: Tether Launches Peer-to-Peer Password Manager As Cloud Breaches Mount#shib $SHIB

Shiba Inu trades sideways as the community awaits larger burns from Shibarium fees.
What's Happening:
$SHIB down slightly to $0.000008. Shibarium transactions are stable but not parabolic."Treat" token anticipation is keeping some holders engaged.Ecosystem development (metaverse, etc.) continues in background.
Why It Matters: SHIB has graduated from meme to ecosystem. It needs utility utility to drive price now, not just hype.
Technical View: Stuck in a tight consolidation. Bollinger bands squeezing. Big move coming.
🎯 Key Levels:
Support: $0.0000080 | Resistance: $0.0000090 24h Range: $0.0000080 - $0.0000085
💡 The Doge killer became a builder.
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#SHIB #Shibarium #ShibaInu #MemeCoin #Crypto
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.

✅5-year price analysis of Shiba Inu (SHIB) :

1. Origin & Early Years (2020–2021)

SHIB was launched in August 2020 as a meme-inspired cryptocurrency.

It gained massive attention in 2021, especially around October–November 2021, when it recorded its all-time high price in INR (around ₹0.007–₹0.008 per SHIB).

2. Peak and Major Rally (2021)

During late 2021, the coin saw an explosive rally driven by retail investor enthusiasm, social media hype, and large burns/donations of tokens by key holders.

The all-time high in INR was roughly ₹0.0064–₹0.0082 per SHIB.

This peak was significantly above prices before 2021, showing huge percentage gains from launch.

3. Bear Market & Corrections (2022–2023)

After 2021’s peak, SHIB declined sharply in 2022 and 2023 along with the broader crypto market downturn. Various factors such as market corrections, selling pressure, and macroeconomic headwinds contributed to the fall.

Although specific INR day-by-day data isn’t readily available for all those years, the trend was a downtrend from the peak.

4. Recent Performance (2024–2025)

By 2025, the price in INR is much lower compared to the peak — around ₹0.0007 per SHIB (Dec 2025).

Monthly and quarterly price movements show relative volatility with declines and occasional short rebounds.

SHIB’s price performance over recent years has seen underperformance or sideways trading, despite occasional ecosystem news and burn activity.

5. General 5-Year Trend Summary

2020–2021: Very low price → massive rally to ATH (~₹0.006–₹0.008).

2022–2023: Decline after peak, retracement of much of the earlier gains.

2024–2025: Stabilized at much lower levels (~₹0.0007), far below the ATH, with price fluctuations and bearish pressures dominating the trend.

Conclusion: Over the last five years, SHIB’s price in ₹ saw a huge initial surge to an all-time high in late 2021, followed by significant retracement and lower price levels through 2025 — illustrating typical meme-coin volatility and correlation with broader crypto market cycles.

*Note: Crypto prices are highly volatile and past performance does not guarantee future results.*
#SHIB #WriteToEarnUpgrade
#BTCVSGOLD
#BinanceBlockchainWeek
#BinanceAlphaAlert

Meme coins are often dismissed as jokes, but history keeps reminding the market of one uncomfortable truth: narratives plus communities can outperform logic in long cycles. From DOGE shocking traditional investors to SHIB creating millionaires during peak euphoria, meme assets have proven they deserve attention — not as safe investments, but as asymmetric long-term bets. The real question isn’t whether they are risky. It’s whether the upside justifies that risk.

🥇 SHIB The Ecosystem Play
Shiba Inu has evolved far beyond its meme origins. With Shibarium, ongoing token burns, and an expanding ecosystem, SHIB has positioned itself as a long-term speculative network rather than a one-cycle hype coin. A move toward $0.05 would require extreme adoption and aggressive supply reduction, but the community size and brand recognition keep SHIB firmly in the conversation for the next decade.

🥈 DOGE The Original Meme with Global Recognition
DOGE remains the most recognizable meme coin in crypto. Its simplicity, liquidity, and cultural relevance — combined with repeated endorsements and real-world payment discussions — give it staying power. A future price near $8 would require massive market expansion, but DOGE’s survival across multiple cycles makes it a serious long-term speculative candidate.

🥉 $BONK — The High-Volatility Wildcard
BONK represents the newer generation of meme coins, driven by speed, community momentum, and ecosystem alignment. While the risk profile is significantly higher, so is the potential upside. If meme culture continues evolving alongside fast chains and social engagement, BONK could surprise many over a long horizon.

These are not safe investments. They are long-term, high-risk bets where patience matters more than timing. The biggest gains rarely come from certainty — they come from conviction during doubt.
Which one are you betting on for the long run?
⚠️ Not financial advice. Always do your own research.
#MemeCoins #SHIB #DOGE #BONK
$SHIB
$DOGE