SHIB Burn Rate Skyrockets 2,080%: 1.3 Billion Tokens Incinerated as Traders Bet on 1,500% Surge

SHIB just turned deflationary mode up to eleven—literally. A jaw-dropping 1.3 billion tokens got torched in 24 hours as the burn rate spiked 2,080%. Meme coin alchemists are now whispering about a 1,500% price moonshot.

The Great SHIB Purge

Someone’s playing with fire—and the SHIB Army loves it. The token’s hyper-deflationary mechanics just went supernova, with burns eclipsing typical daily volumes. Every vanished token tightens the supply squeeze further.

Pump or Hype?

Traders are piling in, betting the burn frenzy could trigger a supply shock. But let’s be real—this is crypto, where ‘fundamentals’ sometimes mean ‘how many Elon tweets we get this week.’ Still, with 1.3 billion tokens reduced to digital ash, even Wall Street’s tokenomics skeptics are side-eyeing the charts.

Whether this triggers the predicted 1,500% rally or just another ‘buy the rumor’ carnival, one thing’s certain: SHIB holders just turned HODLing into an extreme sport.

Shiba Inu Burn Rate Surge Sparks Bullish Forecasts and Price Hopes

The shiba inu burn rate explosion reached historic levels with over 1 billion tokens being removed in a single day. According to Shibburn data, the SHIB token burn tracker recorded 1,007,280,237 tokens burned in 24 hours, which marks the largest single-day deflationary event in SHIB’s history actually.

One analyst stated:

Whale Activity Drives Record Burns

The recent Shiba Inu burn rate surge was largely driven by whale activity, with one large holder burning over 131 million tokens. The automated ShibTorch portal, which converts gas fees from Shibarium into SHIB burns, has also contributed significantly to the deflationary pressure right now.

Lucie, a core SHIB team member, highlighted the project’s evolution:

Technical Indicators Support Rally Potential

The shiba inu price prediction models show promising signs as SHIB broke free from a descending triangle pattern. The token has surged 20% this month, which actually outperforms Bitcoin’s 13% gain. Crypto analyst Jonathan Carter identified key resistance levels that could trigger the anticipated rally, along with some important technical markers.

Jonathan Carter stated:

The combination of explosive Shiba Inu burn rate activity and improving technical indicators has shifted SHIB community sentiment to bullish territory. With the SHIB token burn tracker showing sustained deflationary pressure and price breaking key resistance levels, the foundation for a significant rally appears to be forming right now.