BTCC / BTCC Square / SHIB News /
SHIB Surges Amid Record Burn Rate and Bullish Momentum in May 2025

SHIB Surges Amid Record Burn Rate and Bullish Momentum in May 2025

Author:
SHIB News
Published:
2025-05-10 20:12:29
7
1
[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

Shiba Inu (SHIB) is making waves in the crypto market as it defies broader uncertainty with a strong bullish rally in May 2025. The token’s accelerated burn mechanism and growing community engagement are driving its upward momentum, setting the stage for potential long-term gains. Below is a detailed summary of the latest developments and their implications for SHIB’s future.

Shiba Inu Price Prediction: SHIB Ignites Bullish Rally Amid May Burn Frenzy and Growing Momentum

Shiba Inu (SHIB) is defying broader crypto market uncertainty, showcasing renewed upward momentum in May 2025. The token’s burn mechanism has accelerated dramatically, with 330 million SHIB removed from circulation in the past week—a 364% surge in burn rate.

This deflationary push, tracked by Shibburn, underscores growing community engagement and strengthens SHIB’s long-term tokenomics. "The burn activity reflects growing community involvement and supports the token’s deflation," analysts note, as speculative interest builds around supply reduction.

Shiba Inu Surges as Meme Coin Rally Gains Momentum

Shiba Inu (SHIB) has joined the broader meme coin rally, posting a 40.5% gain over the past month. The token’s price ROSE 12.5% in the last 24 hours to $0.00001519, accompanied by a 247.2% surge in trading volumes. SHIB’s market capitalization has increased by nearly $2.7 billion since early April as investor sentiment shifts from Extreme Fear to Greed.

The rally coincides with changing expectations around Federal Reserve policy. Market participants appear to be anticipating potential adjustments to monetary policy as the central bank grapples with rising unemployment and persistent inflation. This macroeconomic recalibration has created favorable conditions for risk assets, including speculative crypto tokens.

Shiba Inu Whale Activity Sparks Speculation of Price Breakout

Shiba Inu (SHIB) is attracting intense market scrutiny following a 2,952% surge in whale inflows on May 7, coupled with a 12% weekly price gain and a 4,800% spike in token burns. Blockchain analytics firm IntoTheBlock reported whale holdings skyrocketing from 238.91 billion SHIB to 6.42 trillion SHIB within 24 hours, with subsequent inflows reaching 6.21 trillion SHIB on May 8.

The memecoin’s burn rate acceleration and concentrated accumulation by large wallets—typically institutional investors or high-net-worth individuals—have fueled speculation about SHIB shedding another zero from its price. Such whale movements often precede volatile price action in altcoin markets.

Shiba Inu Enters Strong Bullish Uptrend, Market Shows Renewed Strength

Shiba Inu has transitioned from a low-volatility consolidation phase into a robust bullish uptrend, reflecting renewed market interest and strength. Trading at $0.00001578, SHIB posted daily gains of 5.77% and weekly gains of 19.48%, supported by rising volume and momentum.

Bullish candlestick patterns broke through key resistance levels with minimal pullbacks, though upper wicks now indicate potential selling pressure NEAR critical resistance zones. The RSI signals overbought conditions, while the MACD confirms bullish momentum—yet caution is warranted given the possibility of short-term corrections.

The recent price action marks a decisive shift from indecisive sideways movement to a vigorous rally, underscoring heightened trader confidence in the meme coin.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users