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SHIB Price Recovery Accelerates as Burn Rate Skyrockets 7,200%

SHIB Price Recovery Accelerates as Burn Rate Skyrockets 7,200%

Author:
SHIB News
Published:
2025-09-28 16:04:18
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

Shiba Inu (SHIB) is demonstrating strong signs of a significant price recovery after finding solid support at the $0.00001180 level, marking its lowest point since August 2. The meme cryptocurrency's bullish momentum is being fueled by three powerful catalysts that have aligned simultaneously, creating a perfect storm for potential upward movement. The most remarkable development is the extraordinary 7,200% surge in SHIB's burn rate, which has resulted in approximately 6 million tokens being permanently removed from circulation. This dramatic reduction in supply comes alongside sustained accumulation by large investors, commonly referred to as 'whales,' who continue to show confidence in the token's long-term prospects. Additionally, on-chain data indicates a consistent decline in exchange reserves, suggesting that fewer tokens are available for immediate selling pressure. The combination of these factors creates a compelling narrative for SHIB's recovery, as reduced supply coupled with increased demand typically leads to price appreciation. The token's ability to hold the $0.00001180 support level has provided a strong foundation for this recovery attempt, with technical indicators suggesting that the worst of the selling pressure may have subsided. Market analysts are closely monitoring whether SHIB can maintain this momentum and break through key resistance levels in the coming weeks. The unprecedented burn rate increase represents one of the most significant supply reduction events in SHIB's recent history, potentially setting the stage for sustained price recovery if these conditions persist. As the cryptocurrency market continues to evolve, SHIB's performance will be closely watched by both retail and institutional investors seeking opportunities in the meme token space.

Shiba Inu Price Recovery Gains Momentum as Burn Rate Surges 7,200%

Shiba Inu (SHIB) shows signs of a potential rebound after bottoming at a crucial support level of $0.00001180, its lowest since August 2. The meme token's recovery thesis strengthens as three key catalysts align: a parabolic burn rate increase, sustained whale accumulation, and declining exchange reserves.

On-chain data reveals a staggering 7,200% spike in SHIB's burn rate, with 6 million tokens permanently removed in three transactions. This brings total burned supply to 410 billion SHIB, reducing circulating tokens to 584 billion. The deflationary mechanism appears to be gaining traction among holders.

Whales have aggressively accumulated SHIB, boosting holdings from 28 billion to 89 billion this month. Smart money investors increased positions by 105% over 30 days, now controlling 12.46 billion coins. This accumulation correlates with a 14 trillion SHIB outflow from exchanges since July, suggesting decreasing sell-side pressure.

Shiba Inu Price Prediction: SHIB Holds Key Support as Burn Rates Spike

Shiba Inu (SHIB) is consolidating NEAR the $0.000011 support level, with bullish momentum building as token burn rates surge nearly 400% in 24 hours. Over 1.15 million SHIB were permanently removed from circulation, reinforcing scarcity dynamics.

Technical analysis reveals a symmetrical triangle pattern forming, suggesting an impending breakout. Resistance levels at $0.00001440 and $0.00001600 are critical thresholds—a decisive close above could trigger accelerated upside.

The SHIB community has now burned 410.75 billion tokens since inception, with 584.71 billion remaining in circulation. While daily burn rates dipped 13.67% recently, the cumulative supply reduction continues to provide fundamental support for price appreciation.

Analysts Predict 608% Shiba Inu Rally Amid Surging Burn Rate

Shiba Inu has re-entered the spotlight as analysts forecast a potential 608% price surge, coinciding with a 400% spike in its token burn rate. Over 1.15 million SHIB tokens were removed from circulation in the past 24 hours, tightening supply dynamics.

Technical analysis reveals SHIB testing a critical descending trendline after two years of consolidation. The meme coin has maintained support above the 0.00001293 level, suggesting growing bullish momentum. Market observers note this could mark the beginning of a long-term trend reversal.

The community-driven burn mechanism continues to reduce SHIB's substantial supply, adding fundamental support to the technical breakout narrative. With multiple upside targets now in play, traders are watching for confirmation of the predicted rally.

Shiba Inu Price Nears Make-or-Break Zone Amid Market Uncertainty

Shiba Inu (SHIB) teeters on the edge of a critical price juncture, with technical indicators flashing warning signals despite a modest 1.32% 24-hour rebound to $0.00001181. The meme coin has shed 8.27% weekly, touching August 2025 lows as its $6.96 billion market cap reflects waning trader confidence.

Four-hour charts reveal oversold conditions with RSI at 33.9—the lowest since June—while SHIB trades below all key moving averages. The MACD histogram's persistent negative reading at -0.000000174 confirms bearish dominance, despite fleeting Optimism from the Fed's September rate cut.

Market participants now watch the $0.0000115 support level like hawks, as a breach could trigger accelerated declines. Trading volumes tell the story: down 37% to $157.01 million, reflecting the market's verdict on SHIB's near-term prospects.

SHIB Price Under Pressure as Technical Indicators Signal Bearish Momentum

Shiba Inu (SHIB) faces downward pressure as technical indicators turn bearish, with the token's RSI dropping to 37.94 and momentum flashing warning signs. The lack of fresh catalysts has left SHIB trading in a narrow range, reflecting broader market consolidation rather than reaction to specific news.

Binance spot volume for SHIB/USDT reached $6.47 million over the past 24 hours, indicating muted trading activity. The MACD configuration further reinforces the bearish short-term outlook, with selling pressure building beneath the surface.

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