SHIB Token Experiences Dramatic Burn Rate Surge Amid Market Volatility

The Shiba Inu (SHIB) token has recently witnessed an extraordinary 2,408% increase in its 24-hour burn rate, resulting in nearly 40 million tokens being permanently removed from circulation. This significant reduction in supply coincided with a 3.37% decline in exchange netflows, indicating diminished selling pressure. Consequently, the SHIB price saw a modest 2.69% rise, currently trading at 0.00001231 USDT. However, the sustainability of this uptick remains uncertain due to mixed on-chain signals. Network growth has nearly stagnated with a mere 0.17% increase, while the 'In the Money' metric—which tracks the percentage of addresses in profit—dropped by 4.29%. These conflicting indicators suggest that while the burn mechanism is effectively reducing supply, broader market conditions and investor sentiment remain cautious. As of June 2025, the SHIB community continues to monitor these developments closely, balancing optimism from reduced supply against the challenges of stagnant network growth and profitability metrics.

Shiba Inu Burn Rate Skyrockets Amid Mixed Market Signals

Shiba Inu's SHIB token recorded a staggering 2,408% surge in its 24-hour burn rate, removing nearly 40 million tokens from circulation. This coincided with a 3.37% drop in exchange netflows, suggesting reduced selling pressure. The price responded with a 2.69% uptick, though sustainability remains uncertain given conflicting on-chain data.

Network growth stagnated at +0.17%, while the 'In the Money' metric fell 4.29%—indicating fewer profitable holders. Whale activity declined, with large transactions dropping 4.18% and concentration dipping 0.03%. These bearish signals contrast sharply with the token's recent price performance, creating tension between short-term Optimism and weakening fundamentals.

Key support at $0.000013 hangs in the balance as traders weigh the impact of supply reduction against fading network strength. The dramatic burn rate spike offers temporary relief, but whether it can overcome broader bearish pressures remains an open question.

SHIB ‘To Pump Like Crazy Next Week,’ Analyst Predicts 200% Surge to $0.00004

Shiba Inu (SHIB) is poised for a dramatic price surge, with analyst Whale.Guru forecasting a 200% rally to $0.00004 next week. The prediction gains traction as SHIB tests critical support at $0.0000127, a level that historically precedes significant breakouts.

Technical analysis reveals a repeating pattern: SHIB rebounded from similar support in September 2024 to reach $0.000033 by December, then repeated the feat in May 2025 with a bounce from $0.00001030 to $0.00001767. Whale.Guru’s bullish stance—"I have a feeling $SHIB is about to pump like crazy next week"—echoes market sentiment anticipating a replay of March 2024’s meme coin frenzy.

Sharpening DeFi Tools: Latest SHIB Magazine Edition Released

The official Shiba Inu cryptocurrency project has published the newest issue of The SHIB Magazine, focusing on advancements in decentralized finance (DeFi) tools. While the content provides insights into the ecosystem, it carries a standard disclaimer: Yona, the cited source, holds no crypto positions and offers no financial advice.

Readers are advised to perform independent research and consult licensed financial advisors before making investment decisions. The Shib Daily operates as the project's sanctioned media outlet, reinforcing its role in disseminating project updates without endorsing specific market actions.

Shiba Inu’s Shibarium Hits Transaction Milestone Amid Whale Exodus

Shiba Inu's layer-2 blockchain Shibarium has surpassed 1.2 billion transactions, marking a significant milestone for the network. Data from the Shibarium explorer reveals 1,200,301,394 transactions across 263.3 million addresses, demonstrating sustained activity since its launch 19 months ago. The achievement comes just five weeks after crossing the 1 billion transaction threshold in April.

Despite this growth, on-chain metrics paint a contrasting picture. Large holders of SHIB are exiting positions at the highest rate since March, signaling potential erosion of whale confidence. Daily transaction volume on Shibarium has also shown recent declines, creating tension between long-term network adoption and short-term holder behavior.