Shiba Inu Plunges 5% Amid 44% Token Burn Turmoil - Leadership Crisis Looms
Shiba Inu's massive token burn backfires spectacularly—tanking prices and exposing deep leadership fractures.
Burn Mechanism Backlash
The 44% supply reduction triggered panic instead of celebration. Investors dumped holdings as the drastic move screamed desperation rather than strategic vision. Market confidence evaporated faster than the burned tokens.
Leadership Vacuum Exposed
Anonymous founders provided zero clarity during the turmoil. The community's trust—once Shiba's greatest asset—now hemorrhages alongside its valuation. When meme coins face real tests, the lack of traditional leadership structures becomes painfully obvious.
Market Reality Check
Five percent might sound modest until you calculate the actual dollar value vaporized. Another reminder that in crypto, even 'deflationary mechanisms' can't defy basic market psychology—or save projects from their own hype cycles. Wall Street bankers are probably chuckling into their lattes right now.
It’s important to remember that $SHIB was created by Ryoshi in a decentralized spirit. There was never a “centralized admin” chosen by him. What we see today are individuals who positioned themselves as administrators, but this does not mean they are the true voice of… — shiba inu (@ShibainuCoin) August 18, 2025
Shiba Inu Price Support Tested Amid 44% Burn Rate Decline and Community Leadership Concerns
The Shiba Inu burn rate dropped 44% in the past 24 hours, with the community burning only about 20,091,460 SHIB tokens compared to what we saw before. This decline is happening right alongside some weakening Shiba Inu price support, and it’s raising questions about the project’s Shiba Inu community leadership along with its long-term token scarcity plans.
Shiba Inu officials posted a statement addressing these concerns:
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Critical Support Gets Pressured
Market data shows that traders are testing Shiba Inu’s price support at $0.00001250 as trading volumes hit around $202.82 million. Technical indicators are suggesting that more pressure on this key Shiba Inu price support zone could actually trigger some additional selling pressure.
The statement also continued with the following:
Impact on What’s Next
The decreasing burn rate of Shiba Inu and therefore its leadership situation have introduced a little volatility to some of the price support levels that Shiba Inu has at any given time. The existing models of the Shiba Inu price forecast have to factor in the decreased token burning and also the possibility of the governance issues that may arise.
The community will in fact require longer to bring fundamental benefit of Shiba Inu tokens to the circular economy with the approximate 584.63 trillion tokens in circulation proceeded by the 44 percent decline in the rate of burns. This has been a factor that has led to some re-evaluation of long-term leadership effectiveness of the Shiba Inu community.
