Shiba Inu Burn Rate Jumps 169% But Fails to Deliver Results

Shiba Inu’s burn rate jumps 169%, but only 187,420 SHIB are destroyed as price stays muted and traders weigh Fed cuts and December outlook.
Table of Contents

TL;DR:

  • Shiba Inu’s burn rate surged 169.98% in 24 hours, but the move translated into 187,420 SHIB burned, far from the usual million token days.
  • The spike followed a prior session with just 69,420 SHIB destroyed, while weekly burns reached 63,693,707 tokens and nudged total supply to about 589,246,093,930,100.
  • SHIB trades near $0.000008447 after a pullback from $0.000009, gaining 2.5% as traders digest the Fed’s latest 0.25 rate cut to 3.5%-3.75%.

Shiba Inu’s latest burn update illustrates how eye catching percentages can mask underwhelming reality, as the meme coin’s burn rate jumped 169% in 24 hours yet removed fewer than 200,000 SHIB from circulation. The move has sparked fresh debate inside the SHIB community over whether current burn dynamics can meaningfully chip away at a supply that still sits in the hundreds of trillions of tokens any time soon for holders.

Burn rate spikes from a tiny base, exposing fragile supply progress

According to tracking platform Shibburn, Shiba Inu’s daily burn rate climbed 169.98% as 187,420 tokens were sent to dead wallets, a tally far below the million SHIB that sometimes disappear during stronger burn days. On the surface, the triple digit percentage looks impressive, but in nominal terms it represents a small fraction of SHIB’s outstanding supply and underlines how modest daily burn batches are.

Shiba Inu’s burn rate surged 169.98% in 24 hours, but the move translated into 187,420 SHIB burned

The context makes the jump easier to understand, because the prior day saw only 69,420 SHIB destroyed, a 95.27% drop that left a very low base from which any rebound would mechanically produce a steep percentage rise. Seen through that lens, the 169.98% surge still reads less like a structural turning point and more like a statistical snapback following unusually weak activity, even as weekly burns reached 63,693,707 SHIB, a 17.71% increase on the period overall.

Even so, burn activity is not entirely meaningless, as every 24 hour cycle of token destruction contributes incrementally to reducing SHIB’s total supply, which now stands at roughly 589,246,093,930,100 tokens after the latest seven day run. For long term holders, these gradual erosions of circulating supply remain part of the scarcity narrative, but the latest numbers highlight the gap between community expectations and what short term burn spikes can currently deliver for the community at large.

Price action tells a cautious story. SHIB pulled back after spiking to $0.000009 on December 9, then fell for two sessions before a rebound lifted the token 2.5% in the last 24 hours to $0.000008447. The move comes as traders digest the Federal Reserve’s 0.25 rate cut to a 3.5%-3.75% range and Jerome Powell’s signal that policymakers are “well positioned to wait and see,” leaving Shiba Inu’s December outlook tied as much to macro signals as to its burn rate for now.

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