Sep 19, 2025
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Shiba Inu Burn Rate Surges 1,431%, Price Yet to Respond
Data from Shibburn shows a 1,431% increase in the burn rate of Shiba Inu (SHIB), resulting in the destruction of 1,070,011 SHIB within the last 24 hours. Despite this, SHIB's price has not shown positive momentum and is currently trading at $0.00001301, down 2.39% in the last 24 hours.
- SHIB's 24-hour trading volume decreased by 20.09% to $221.93 million.
- The market cap is $7.67 billion.
- SHIB supply: 584,711,919,016,228 tokens remain in circulation after recent burns.
Market experts suggest potential price targets of $0.0000150 and $0.0000200 if SHIB can break above $0.0000130 resistance.
In other news, Maxi Doge (MAXI) raised $2.33 million in its presale, offering a 141% staking APY, with the current token price at $0.000258.
- Presale amount raised: $2.33 million
- Ticker: MAX