Shiba Inu Price Prediction: Over 7 Million SHIB Incinerated in 24 Hours – Brace for Supply Shock?

Shiba Inu just torched over 7 million tokens in a single day—fueling speculation that this meme coin might actually develop scarcity.

The Burn Mechanism Ignites

SHIB's deflationary protocol went into overdrive, systematically removing coins from circulation at a pace that's catching investor attention. While traditional finance still scratches its head over dog-themed assets, the token's community-driven burn strategy keeps chipping away at the massive supply.

Supply Shock Calculus

Seven million coins vanished in 24 hours—a number that would make any central banker sweat if applied to fiat currencies. The mathematics are simple: reduce supply while demand holds steady, and price pressure builds. It's Economics 101, even if the textbook doesn't feature Shiba mascots.

Market Reactions Brewing

Traders are watching the burn rate like hawks, knowing that sustained token destruction could fundamentally alter SHIB's market dynamics. Meanwhile, Wall Street analysts continue to dismiss crypto burns as 'digital theater' while simultaneously printing trillions in quantitative easing.

Whether this burn campaign triggers the long-predicted supply shock remains to be seen, but one thing's clear: in the world of meme coins, sometimes the dogs bite back.

In the past 7 days, SHIB has booked a 10.7% loss as cryptocurrencies as a whole have retreated following the Federal Reserve’s decision to cut rates by 25 basis points last week.

Other assets in the meme coin category, like Dogecoin ($DOGE) and Pepe ($PEPE), have booked higher losses of 17% each. This indicates an ongoing correction that will probably bring late buyers to this bull market.

Trading volumes have jumped by 41% in the past 24 hours. If transaction volumes keep rising, this could lead to a higher burn rate that could further reduce the number of tokens in circulation.

Shiba Inu Price Prediction: SHIB Breaks Below Key Support – When Will It Recover?

This week’s selling spree has pushed SHIB to break its trend line support. As a result, the token could now be heading to retest the $0.000010 level before it begins to recover.

The Relative Strength Index (RSI) moved below the 14-day moving average in the daily chart. This is usually interpreted as a sell signal.

Once SHIB hits that psychological threshold, we could expect an explosive MOVE as market conditions still favor a bullish outlook for cryptos as a whole.

As altcoin season kicks off, meme coins like shiba inu (SHIB) should outperform well-established tokens like BTC and ETH.

However, hidden gems like Maxi Doge ($MAXI) could deliver higher returns as this early crypto presale is still flying below the market’s radar.

Maxi Doge ($MAXI) Brings High-Leverage Trading to the Meme World

Maxi Doge ($MAXI) is an Ethereum-based meme coin that embraces the typical HYPE that comes with bull markets.

Instead of offering traditional utility, $MAXI doubles down on culture. Holders get an entry ticket to, an idea hub where retail traders can share insights and compare strategies.

The token also fuels weekly competitions and themed challenges (like Max Gains and Max Ripped), where top ROI hunters can earn rewards and climb the leaderboard.

In addition, the Maxi Fund allocates up to 25% of the presale’s proceeds to the most promising tokens of this cycle with 1000X leverage to max out results. As its powerful community-centered ideas gain popularity, the demand for this meme coin should skyrocket.

To buy $MAXI, simply head to the Maxi Doge website and link an Ethereum-compatible wallet like Best Wallet.

You can either swap USDT or ETH for this token or use a bank card to invest.