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SHIB’s Meteoric Rise: Burn Rate Soars 4,833% as Whales Accumulate

SHIB’s Meteoric Rise: Burn Rate Soars 4,833% as Whales Accumulate

Author:
SHIB News
Published:
2025-05-09 14:38:48
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

Shiba Inu’s SHIB token has witnessed an unprecedented 4,833% surge in its 24-hour burn rate, highlighting the community’s aggressive efforts to reduce supply. This dramatic increase coincides with significant whale activity, as large holder netflow skyrocketed 6,050% over the past week. Market stability for SHIB appears to be strengthening, with declining volatility and growing potential for a bullish breakout, as indicated by open interest data and short liquidations.

Shiba Inu Burn Rate Skyrockets 4,833% Amid Whale Accumulation

Shiba Inu’s SHIB token has seen a staggering 4,833% surge in its 24-hour burn rate, signaling aggressive supply reduction efforts by its community. The spike coincides with heightened whale activity, with large holder netflow climbing 6,050% over the past week.

Market stability appears to be strengthening as SHIB’s volatility declines. Open interest data and short liquidations suggest growing potential for a bullish breakout. The token’s monthly accumulation metrics have surged 3,077%, reflecting increased conviction among major investors.

Shiba Inu: What Exactly Will Happen When SHIB Reaches $1?

Shiba Inu trades at $0.00001454, stagnating through 2025. Long-term holders eye $0.01 and $1 targets, milestones promising generational wealth. The dream of financial independence fuels relentless optimism.

Global retail investors increasingly view meme coins as lottery tickets for escaping systemic financial constraints. SHIB’s speculative appeal grows despite lacking fundamental utility, reflecting broader crypto market dynamics where narratives often outweigh metrics.

Shiba Inu Hits 1.5 Million Wallets Amid Market Recovery

Shiba Inu, the meme coin that has defied bear market pressures, has reached a new milestone with its holder base surpassing 1.5 million wallets. The growth underscores its resilience and enduring appeal in the crypto space.

Data from Etherscan reveals the number of SHIB holders now stands at 1,507,445, with hundreds more added shortly after Lucie, Shiba Inu’s marketing lead, announced the achievement on X (formerly Twitter). The surge in adoption coincides with a broader market rebound, as SHIB eyes a push toward $0.00002.

Shiba Inu Team Member Predicts 1,000% Surge Amid Record Token Burns

Shiba Inu’s SHIB token has captured market attention with its burn rate skyrocketing 4,833% this week. The memecoin’s price prediction discussions reignited after LUCIE, a prominent team member, forecasted a potential 10x surge within days.

Whale activity and technical indicators suggest growing institutional interest in SHIB. The token’s supply reduction mechanism appears to be gaining traction, with the burn rate reaching unprecedented levels. Market analysts note this combination of scarcity dynamics and social media HYPE could create volatile trading conditions.

"SHIB’s about to do a 1000% in 3 days—I’ve already told my snacks, my cat, and my boss," LUCIE tweeted, capturing the speculative frenzy surrounding the asset. The statement has circulated widely across crypto communities, though some traders remain skeptical of such aggressive short-term projections.

|Square

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