Alright, so here’s the thing: after what felt like forever of Shiba Inu burning tokens slower than my motivation on a Monday, suddenly—BAM!—the burn rate decides to make a comeback. Not a wildfire, more like a slow barbecue getting started, but hey, it’s something. The blockchain nerds at Shibburn are all shook with the numbers.
Get this: SHIB’s daily burn rate jumps 111.43%. That’s right, it more than doubled. Weekly burn is up almost 20%. So, the deflation machine is wheezing back to life like it had a triple espresso. ☕
HOURLY SHIB UPDATE
$SHIB Price: $0.00001161 (1hr -1.68% ▼ | 24hr -1.91% ▼ )
Market Cap: $6,849,456,816 (-1.83% ▼)
Total Supply: 589,252,130,002,997TOKENS BURNT
Past 24Hrs: 62,314,267 (111.43% ▲)
Past 7 Days: 132,657,003 (19.78% ▲)— Shibburn (@shibburn) April 16, 2025
Sure, these gains don’t quite scream “triple-digit burn fiesta” like Shiba’s glory days, but hey, it’s got the community kinda excited. Why? Because previously, the crew hit the brakes on burning like they ran out of marshmallows or something. So the slow burn resurgence might mean traders are finally dragging themselves off the couch and into the market again.
SHIB Bulls Or Just Really Hungry Whales?
See, the whole burning tokens by tossing them into dead wallets is basically Shiba’s version of “hide and seek,” except the hidey-holes are permanent and the “seekers” want the price to go up. It’s a classic move to make SHIB seem scarcer—because who doesn’t like the idea of something that’s “limited edition” even if it’s digital dog coins?
The rebound is blamed on the whales. No, not the singing kind. The jumbo token holders who decided they want more Shiba action after weeks of boredom. Recent reports say about 160 billion SHIB tokens slid into these giant wallets over two days. Two days! Someone’s making it rain tokens underwater.
Apparently, the inflows from these whales jumped over 120% in a month. So these big fish are flexing, and with all that hustle, they’re forcing the burners to speed up—to keep scarcity hype alive and kicking.
Now, here’s the kicker: when they slowed down the burning before, SHIB’s price just sulked in the red zone like a sad trombone. But now, cranking up the burn rate has got folks buzzing like, “Price explosion imminent!” Yeah, because nothing says “rocket fuel” quite like turning up the oven a little on your leftover tokens. 🍕🚀
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2025-04-17 02:37