SHIB Burn Rate Soars 38,043% — What’s Next for the Price?
Shiba Inu recorded a staggering 38,043% surge in its burn rate amid renewed ecosystem activity, with transaction volume, active wallets and DEX flows trending toward the levels seen at the start of the year. The spike in tokens removed from circulation coincides with increased developer updates and promotional initiatives, suggesting the increase reflects more than a single anomalous transfer.
A jump in burn rate can reduce circulating supply and create upward pressure on price, but the effect depends on demand, macro sentiment and whether high burn velocity is sustained. Traders and holders should monitor continued burn figures, exchange inflows and broader crypto market direction — particularly Bitcoin — before reading this as a permanent bullish signal. The event does point to improving on-chain health for SHIB, but risk management remains important.