SHIB’s Burning Mechanism: A Closer Look at Why Record Burns Fail to Move the Price
Despite a staggering 674% spike in Shiba Inu's burn rate over the past 24 hours, with more than 12 million SHIB tokens permanently removed from circulation, the price of SHIB remains remarkably stable. This phenomenon highlights the limited impact of current community-driven burns compared to the monumental one-time destruction of 410 trillion SHIB by ethereum co-founder Vitalik Buterin in 2021. As of November 2025, the total burned supply stands at 410 trillion tokens, a figure that has seen negligible change since Buterin's historic transaction. This article delves into the reasons behind SHIB's price stability despite aggressive token burns and what it means for the future of this popular meme coin.
Shiba Inu Burn Rate: Why SHIB Price Remains Stable Despite Record Burns
Shiba Inu's burn rate spiked 674% in the past 24 hours, with over 12 million SHIB tokens destroyed. Yet, this activity has negligible impact on the token's price or supply dynamics. The total burned supply stands at 410 trillion tokens, a figure largely unchanged since Vitalik Buterin's 2021 one-time destruction of 410 trillion SHIB.
Current community-driven burns pale in comparison to Buterin's historic transaction. Daily voluntary transfers to null addresses remain symbolic, failing to replicate the supply shock of 2021. With 589 trillion SHIB still circulating, millions burned daily barely register on market fundamentals.
Shiba Inu Enhances Shibarium Security with Network Overhaul and RPC Update
Shiba Inu has initiated a critical RPC migration to fortify Shibarium's infrastructure following a September security breach involving validator exploitation. The legacy RPC endpoint will be discontinued within two weeks, mandating developers and users to transition to a new access point.
The upgrade represents a strategic shift toward decentralization, targeting improved stability and reduced vulnerabilities. SHIB's price declined 15.9% in October amid these technical adjustments, reflecting market sensitivity to network disruptions.
Bitget's analysis frames this as an architectural evolution rather than a routine update—eliminating single points of failure through distributed RPC architecture. The MOVE underscores Shiba Inu's commitment to hardening its ecosystem against future threats.
146 Billion Shiba Inu (SHIB) Returns to Exchanges Amid Short-Term Profit Taking
Shiba Inu tokens flooded back onto trading platforms, with 146 billion SHIB moving to exchanges in the past 24 hours. The influx signals growing sell pressure despite a 3% price rebound to $0.000009751. Market watchers note this pattern has historically preceded corrections.
On-chain metrics paint a bearish picture. CryptoQuant data shows exchange net flows turning positive while whale wallets appear to be unloading positions. The Ichimoku Cloud indicator confirms selling momentum, though the token found temporary support NEAR $0.000010.
Traders eye the $0.000012-$0.000016 resistance band as the next test. Any sustained recovery would require substantial buying volume to counterbalance the exchange inflows. The memecoin's fate remains tied to broader crypto market sentiment.
Shiba Inu Community Debates $0.10 Price Target Amid Supply Concerns
Crypto commentator James Waynn has sparked renewed debate in the shiba inu community with a bold prediction that SHIB could eventually reach $0.10—a move that would create a new wave of millionaires. The claim, made via social media platform X, hinges on SHIB's historical performance during its 2020-2021 rally, where early investors saw astronomical returns.
Analysts remain skeptical, pointing to SHIB's massive circulating supply of 589 trillion tokens as a fundamental barrier to such price appreciation. At current levels of $0.00002173, a rally to $0.10 WOULD require a 1,003,916% surge—a scenario most view as unrealistic without significant token burns or supply shocks.
Market sentiment appears resilient despite recent declines, with SHIB showing moderate volatility amid broader crypto market weakness. The token has retreated 2.3% in 24 hours and remains down 26.4% over three months.
