Shiba Inu has successfully destroyed 15,970,661 SHIB, following a 1,086% surge in its burn rate. The post Shiba Inu Burn Rate Jumps 1,086% as SHIB Price Eyes Rebound appeared first on Coinspeaker.Shiba Inu has successfully destroyed 15,970,661 SHIB, following a 1,086% surge in its burn rate. The post Shiba Inu Burn Rate Jumps 1,086% as SHIB Price Eyes Rebound appeared first on Coinspeaker.

Shiba Inu Burn Rate Jumps 1,086% as SHIB Price Eyes Rebound

Shiba Inu SHIB $0.000008 24h volatility: 0.8% Market cap: $4.73 B Vol. 24h: $133.92 M has seen its burn rate jump by 1,086%, leading to the destruction of 15,970,661 SHIB.

With this supply shock, the market and analysts expect the token to record a price rebound. It is worth noting that the broader cryptocurrency market is still trying to find stability, following a rough week of severe price downturn.

SHIB Price Fails to React to Burn Rate

According to Shibburn, the dedicated burn tracker for the SHIB asset, the burn rate has increased by 1,086% within the last 24 hours.

This led to the incineration of 15,970,661 SHIB, valued at approximately $126.5. Shiba Inu is currently trading at $0.000007922, corresponding with a 21.66% decline over the last 30 days and a 1.07% rally in 24 hours.

Altogether, the incinerated SHIB from the maximum supply sums up to 410,753,702,910,887, while the circulating supply is 585,265,936,616,871 SHIB.

Though it is a small gain, the latest burn may have positively influenced the SHIB price. At the same time, the SHIB Army anticipated more than a small single digital gain.

A shrinking supply paired with steady or rising demand typically increases an asset’s value. Community members expect this trend to lead to a larger price gain. In the meantime, the broader crypto industry is looking out for the recovery of the general market.

Bitcoin BTC $85 995 24h volatility: 0.9% Market cap: $1.72 T Vol. 24h: $70.38 B is still trading below $90,000 at the time of writing. Consequently, spot Bitcoin Exchange Traded Funds (ETFs) are reeling in massive outflows.

These funds have seen four consecutive weeks of withdrawals totaling $4.349 billion recorded between Nov. 17 to Nov. 21.

Maxi Doge Pulls in $4.18M as Hype Builds for the Next Big Meme Coin

Crypto fans are watching the market closely for its next rebound, but one project is grabbing everyone’s attention for a very different reason. Maxi Doge (MAXI) has been building real buzz.

The project’s presale is moving fast, already pulling in $4.18M. Investors clearly see something they like, and the steady flow of interest shows that many believe MAXI has strong long-term potential. The pace of growth has only made more people curious about what comes next.

With all this excitement building around it, MAXI is now being counted among the best crypto presales of 2025.

Current Presale Stats of Maxi Doge

Current price: $0.0002695

Amount raised so far: $4.18 million

Ticker: MAXI

Purchases can be completed using credit or debit cards, as well as cryptocurrency. Check out the official site to stay updated with the Maxi Doge launch date.

next

The post Shiba Inu Burn Rate Jumps 1,086% as SHIB Price Eyes Rebound appeared first on Coinspeaker.

Market Opportunity
BitShiba Logo
BitShiba Price(SHIBA)
$0,000000000451
$0,000000000451$0,000000000451
+1,00%
USD
BitShiba (SHIBA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

X Announces Higher Creator Payouts on Platform

X Announces Higher Creator Payouts on Platform

X boosts creator payouts with Musk's new initiative, leading to increased earnings for creators.
Share
CoinLive2026/01/19 01:45
A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release

A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release

The post A Netflix ‘KPop Demon Hunters’ Short Film Has Been Rated For Release appeared on BitcoinEthereumNews.com. KPop Demon Hunters Netflix Everyone has wondered what may be the next step for KPop Demon Hunters as an IP, given its record-breaking success on Netflix. Now, the answer may be something exactly no one predicted. According to a new filing with the MPA, something called Debut: A KPop Demon Hunters Story has been rated PG by the ratings body. It’s listed alongside some other films, and this is obviously something that has not been publicly announced. A short film could be well, very short, a few minutes, and likely no more than ten. Even that might be pushing it. Using say, Pixar shorts as a reference, most are between 4 and 8 minutes. The original movie is an hour and 36 minutes. The “Debut” in the title indicates some sort of flashback, perhaps to when HUNTR/X first arrived on the scene before they blew up. Previously, director Maggie Kang has commented about how there were more backstory components that were supposed to be in the film that were cut, but hinted those could be explored in a sequel. But perhaps some may be put into a short here. I very much doubt those scenes were fully produced and simply cut, but perhaps they were finished up for this short film here. When would Debut: KPop Demon Hunters theoretically arrive? I’m not sure the other films on the list are much help. Dead of Winter is out in less than two weeks. Mother Mary does not have a release date. Ne Zha 2 came out earlier this year. I’ve only seen news stories saying The Perfect Gamble was supposed to come out in Q1 2025, but I’ve seen no evidence that it actually has. KPop Demon Hunters Netflix It could be sooner rather than later as Netflix looks to capitalize…
Share
BitcoinEthereumNews2025/09/18 02:23
New tech seen cutting hatchery reliance on wild mangrove crabs

New tech seen cutting hatchery reliance on wild mangrove crabs

MINDANAO State University’s Iligan Institute of Technology is developing a recirculating aquaculture system to improve hatchery survival rates for mangrove crabs
Share
Bworldonline2026/01/19 00:03