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- SHIB burn rate spiked 440% in 24 hours, signaling renewed community action.
- Despite stronger burns, SHIB price slipped 1.68% as traders await direction.
- Whales continue accumulating, reinforcing long-term confidence in Shiba Inu.
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Shiba Inu’s SHIB token sparked attention this week after its burn rate suddenly jumped 440% in just 24 hours. The surge came despite a sluggish price trend, reminding traders that community-driven deflationary efforts remain a powerful force in the meme coin’s story.
NEW: Shiba Inu’s burn rate has flipped positive with a 440% jump in 24h, removing 375K SHIB from circulation. While the amount burned is modest, the shift has lifted weekly totals and kept hopes alive for a breakout as whales continue to accumulate despite price weakness. pic.twitter.com/hHnyi9fCeN
— MCO News (@MCO_News) September 17, 2025
Burn Rate Sparks Hope
According to Shibburn, more than 375,000 SHIB tokens were permanently removed from circulation across four transactions in a single day. While the absolute number appears modest compared to past highs, the sharp percentage spike signals a renewed pace of activity. Traders often view burn rates as a leading indicator of scarcity, with reduced supply laying the groundwork for possible price recovery.
On a broader scale, the weekly picture shows 3 million SHIB tokens burned, easing the prior decline in burn momentum. Although still far below historic peaks, the shift reassures holders that the community remains engaged in reducing circulating supply.
Price Action Lags Behind
Despite this deflationary push, SHIB’s price slipped 1.68% during the same period. After an early-week rebound, the token struggled to find direction, leaving traders cautious. On-chain metrics suggest large holders have yet to fully step in, a sign of hesitation as the market looks for stronger signals.
Analysts point to $0.0000138 as the next key resistance level before SHIB can aim for the much-discussed $0.0001 target. For now, price action lags behind community enthusiasm, creating a divergence between sentiment and market performance.
Also Read: Shiba Inu Rallies 19%: SHIB Momentum Returns
Whales and Community Confidence
Notably, whales continue to accumulate SHIB quietly, displaying conviction despite short-term weakness. For many, token burns represent more than supply reduction—they symbolize long-term transformation and resilience. Each burn carries weight in the community narrative, reinforcing loyalty among holders who believe persistent scarcity will eventually drive a rally.
Shiba Inu stands at a crossroads. The sharp rise in burn activity has reignited optimism, but price softness tempers expectations. Whether this spark evolves into a larger rally depends on continued whale support and broader market momentum. For now, SHIB’s resilience shows the community’s belief in scarcity as a driver of future gains.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
