Shiba Inu Primed for 18% Surge as Burn Rate Explodes 12,000%—Memecoin Mania Returns?

Shiba Inu’s burn rate just went supernova—up 12,000% in a blink. Traders are piling in, betting on an 18% price rally. Could this be the memecoin’s redemption arc, or just another speculative bubble waiting to pop?

### The Burn Effect: Scarcity Plays Its Hand

When tokens vanish this fast, supply shocks follow. Shiba Inu’s deflationary mechanics are finally doing their job—but will it matter when the Fed’s printer stays idle?

### The Trader Frenzy: FOMO or Fundamentals?

Crypto Twitter’s buzzing with ‘buy’ signals. Yet skeptics whisper: same hype, different cycle. Remember when ‘burn rate’ was just something startups bragged about before imploding?

### The Bottom Line

An 18% pump would make headlines. Just don’t ask what happens after—this is crypto, where ‘long-term’ means until the next Elon tweet.

Bull Flag Pattern Signals Possible Price Rebound

One of the strongest indicators currently supporting a bullish case for SHIB is the appearance of a bull flag on the four-hour chart. In technical analysis, a bull flag is a continuation pattern that appears after a sharp price MOVE upward, followed by a period of consolidation. It often precedes another strong move to the upside, provided resistance levels are cleared.

For Shiba Inu, the upper boundary of this bull flag rests NEAR the $0.0000125 mark, a level that aligns closely with the 20-day Simple Moving Average (SMA). If SHIB can close decisively above this level, it could set the stage for further gains.

The next immediate resistance lies at the 50-day SMA, currently around $0.0000113. Successfully flipping this into support WOULD strengthen the bullish outlook. If both of these resistance zones are cleared, SHIB could target $0.0000138—a move that represents roughly 18% upside from current levels.

RSI Remains Cautious

Despite the Optimism from the chart pattern, not all indicators are fully supportive just yet. The Relative Strength Index (RSI), a key momentum indicator, is currently hovering around 44. This reading is below the neutral level of 50, indicating that bearish momentum still exists in the short term. For a strong rally to materialize, the RSI would ideally need to climb above 50, signaling a shift in momentum back in favor of buyers.

SHIB Burn Rate Surges 12,000% in 24 Hours

Perhaps the most striking development is the sudden explosion in Shiba Inu’s burn rate. According to data from Shibburn, more than 13 million SHIB tokens have been permanently removed from circulation in the past 24 hours alone. This marks a burn rate increase of over 12,800%, a significant reduction in supply that could potentially apply upward pressure on the token’s price if demand holds steady or increases.

Over the last week, approximately 75 million SHIB tokens have been burned. The act of burning tokens removes them from the circulating supply, theoretically making the remaining tokens more valuable by increasing scarcity. While the long-term impact of token burns is still debated, such a sharp increase can have psychological effects on the market, often driving speculation and renewed interest.

Active SHIB Addresses Jump by 27%

In addition to the burn rate, other on-chain metrics are also trending in a positive direction. Data from Santiment shows that SHIB’s daily active addresses have surged by 27% within a 24-hour period. The number of unique wallets interacting with the network jumped from 2,777 to 3,534, indicating growing engagement.

This uptick in network activity could be linked to renewed interest from the community, particularly after a prolonged period of consolidation. A rise in active addresses is often seen as a bullish indicator, reflecting increased usage, trading volume, or ecosystem participation.

Shibarium Growth Adds Fuel to the Fire

Another factor contributing to the current optimism is the steady rise in total value locked (TVL) on Shiba Inu’s Layer-2 blockchain, Shibarium. The network’s TVL has grown from $1.77 million to $1.96 million, suggesting increased user deposits and decentralized application (dApp) activity on the platform.

This growth could be a driving force behind the increased burn rate and user engagement. As more users interact with Shibarium and its dApps, the volume of transactions—and by extension, the number of tokens eligible for burning—tends to rise. This feedback loop may help create a more supportive environment for price appreciation.

What’s Next for Shiba Inu?

Despite a cautious RSI and the need to clear key resistance levels, Shiba Inu’s fundamentals and technical setup are showing several signs of potential strength. The formation of a bull flag, combined with a massive surge in burn rate and increased user activity, provides the ingredients for a short-term breakout.

For the bullish scenario to unfold, SHIB must break above its 50-day and 20-day moving averages, and ideally push beyond the $0.0000125 resistance level. A close above this zone could pave the way toward $0.0000138 in the coming days.

At the same time, it’s important for traders to monitor the broader crypto market, as macro-level volatility can impact even strong setups. Still, the recent data indicates that shiba inu is positioning itself for a potential rebound, with the community and network metrics offering key support.

If the current momentum holds and these bullish signals continue to align, Shiba Inu may indeed be setting the stage for a notable recovery.