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Shiba Inu Burn Rate Skyrockets 1,000% - Major Price Rebound Imminent?

Shiba Inu Burn Rate Skyrockets 1,000% - Major Price Rebound Imminent?

Author:
Cryptonews
Published:
2025-11-04 17:44:41
19
3

Shiba Inu's token burn mechanism just went supernova - recording a staggering 1,000% explosion in burn rate that's sending shockwaves through the meme coin ecosystem.

The Great Purge

Nearly 1,000% more SHIB tokens vanished from circulation this week as the community rallies behind aggressive deflationary measures. This isn't just burning - it's a full-scale token annihilation campaign.

Price Pressure Cooker

With supply shrinking at unprecedented rates, basic economics suggests upward price pressure should follow. But will it be enough to overcome the gravitational pull of crypto's notoriously fickle sentiment?

Technical indicators whisper of potential breakout patterns forming, while trading volumes hint at accumulating interest beneath the surface. The stage appears set for something big - whether that's a genuine rally or just another 'number go up' fantasy for bag holders.

Because nothing says sound investment strategy like betting your retirement on a dog-themed cryptocurrency that just burned a bunch of zeros - literally and figuratively.

Shiba Inu Price Prediction: Is a Major Rebound Closer Than It Looks?

Shiba Inu Price Chart

Source: SHIBUSD / TradingView

The SHIB chart shows price trying to recover after a steep drop, and the setup looks pretty simple. The grey box marks a demand zone, basically where buyers have been stepping in before, and it is happening again now.

Momentum is still weak, though, with RSI sitting around 48. This shows it could still drift lower before a strong reversal comes.

The Possible short-term targets are at 0.0000931, 0.0000967, and 0.0001018. If SHIB can hold above that demand zone, it has some room to grind higher toward those levels.

However, with liquidity moving to BTC and ETH, and Shibarium activity slowing down. SHIB’s trend stays bearish unless buying volume returns.

Source: Shibarium Activity Stats / Shibarium scan

Missed Shiba’s Early Days? Maxi Doge Might Be The Next One

While Shiba Inu struggles to hold its ground, another meme coin on the rise is stealing the spotlight, Maxi Doge.

Maxi Doge is quickly becoming the talk of the ethereum network, positioning itself as the next big meme project with actual staying power. Unlike SHIB, which is stuck battling liquidity issues, Maxi Doge is still early, with its community growing fast and fresh capital flowing in.

The presale has already raised over 3.90 million dollars, and holders are earning aroundAPY through staking, meaning investors are being rewarded even before launch HYPE kicks in.

Built on Ethereum, Maxi Doge blends meme energy with real tokenomics. It offers deep liquidity, strong staking incentives, and a fair launch model that’s drawing both retail traders and early whales.

If you missed SHIB early on, this could be your second chance to catch the next meme coin breakout before it runs.

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