Shiba Inu Price Crashes 800% Despite Burn Rate Explosion: The Shocking Truth Behind the Plunge

Shiba Inu's token burn mechanism just went into hyperdrive—yet prices are tanking hard. Here's why the math isn't adding up for investors.

The Burn Paradox

An 800% surge in burn rate should theoretically create scarcity. Instead, SHIB keeps diving. Market sentiment's overriding tokenomics—whales are dumping, retail's panicking, and the so-called 'deflationary mechanics' are getting steamrolled by sheer selling pressure.

Speculation Over Substance

Traders are chasing narratives elsewhere—BTC ETFs, AI tokens, anything with fresher hype. SHIB’s meme magic is fading as utility takes center stage. No amount of burning fixes a 'dog coin' reputation when the market demands real use cases.

Finance’s Favorite Irony

Because nothing says 'healthy market' like a token burning eight times faster while its value evaporates—classic crypto logic. Sometimes, even perfect tokenomics can’t outrun a bearish herd.

Shiba Inu price technical analysis

The daily chart shows that the SHIB price has pulled back in the past few weeks. It is trading at $0.00001210, an important level it has failed to break below several times since August.

SHIB has remained below the 50-day and 100-day Exponential Moving Averages. It also remains below the descending trendline that connects the swing highs in May.

Therefore, the coin will likely have a strong bearish breakout, potentially to the year-to-date low of $0.000010, down by 15% from the current level.