Shiba Inu Shatters Expectations: Defies Economic Gravity With Supply Shock

Shiba Inu just flipped textbook economics on its head—while traditional assets buckle under macro pressures, the meme coin''s supply dynamics are rewriting the rules.

How? A burn rate that''d make central bankers blush.

The tokenomics twist no one saw coming

Supply shocks aren''t supposed to work like this in crypto—especially not for dog-themed tokens. Yet here we are: SHIB''s circulating supply keeps evaporating faster than a hedge fund''s ethics during a bear market.

Defiant. Disruptive. Definitely not ''just a meme'' anymore.

While Wall Street struggles with inflation math, Shiba Inu''s community keeps executing a deflationary playbook that actually works. The irony? A token created as a joke now demonstrates more predictable monetary policy than some G7 currencies.

Shiba Inu’s Historic Burn Rate Surge

SHIB’s supply dynamics have seen remarkable activity. Recent analyses indicate that with the removal of 116 million coins from circulation, the burn rate increased by an astounding 112,839%. This suggests a reduction in the total supply of the altcoin. Moreover, approximately 527 trillion SHIB coins are nearing the breakeven point.

The coin-burning mechanism is designed to make SHIB scarcer in the long run and theoretically increase its value potential. This aggressive approach reflects the community’s and project team’s effort to strengthen its tokenomics.

Positive Developments and Technical Outlook for SHIB Coin

SHIB coin’s surrounding fundamental indicators display strong performance. Wallet growth has reached a record with over 1.5 million new unique addresses. Additionally, significant transaction volume increases have been observed in the Shibarium Layer-2 solution. These developments signify a growing adoption level and increased network usage. However, despite these positive fundamentals, the price action remains under seller control in the short term. Strong selling pressure emerged last night with transaction volumes exceeding 500 billion, causing the price to encounter resistance around $0.0000122.

From a technical analysis perspective, a notable double bottom formation appears on SHIB’s price chart. If successful, this technical formation suggests a potential price rise of approximately 20% to $0.000016. However, the significant resistance level at $0.0000122 with heavy trading volume must first be overcome. Recently, the price fluctuated within a very narrow range between $0.00001203 and $0.000012, indicating a consolidation period. The direction of the breakout from this narrow range will be decisive for the forthcoming days.