Behold the Shiba Inu, meme-ier than a corsair of compliments, whose burn rate collapsed with the elegance of a soufflé at dawn. A full twenty-four hours of studio silence, as counted by Shibburn, while the price plummeted with a melodramatic sigh.
Inconsistent Flames Leave the Supply Politely Unchanged
Remarkably, this zero-burn performance arrives scarcely 48 hours after a volcanic surge-over 500%-when 10,491,803 SHIB were dispatched to the eternal departed. That inferno, astonishingly, was accomplished in a single transaction, inspiring a chorus of hopeful whispers for an encore.
Yet, as market moods tend to do, the Shiba arena reveals a tumult of burns-a fashion show with pyres that refuse to stay lit.
The last 24 hours of deflation-free theater leaves the circulating supply at 585,412,585,102,123 SHIB. About 3.83 trillion SHIB remain staked and out of circulation, bringing total supply to 589,245,695,882,238 SHIB.
The absence of burns unsettles investors who have long trusted the theatre of deflation to keep prices from flopping. The creed has been that trimming the circulating supply would create scarcity and thus raise the price; in other words, a romance with math.
But the bench of industry sages has weighed in: the burn mechanism, splendid in theory, offers little in practice. Trillions of SHIB remain in circulation; the few trillions incinerated barely leave a smear on the ledger.
It seems the burn is but a caprice-an inconsistent flourish designed to charm headlines and to flatter investors’ misplaced confidence, for deflation still prefers to stay away from the party.
SHIB Price Slips as Whales Streak Across the Ledger
As I pen this, Shiba Inu trades at $0.000007042, a delicate 2.45% decline in the last day. Despite a blaze of more than 10.49 million SHIB burnt in a single moment, the price keeps gliding down from a daily high of $0.00000736 to its present pose.
Trading volume has retreated by 18.28% to $126.25 million in the same span. The bearish mood perhaps fed by the arrival of milord whales as one creature moved 41 billion SHIB into an OKX hot wallet, a gesture suggesting selling wind.
Meanwhile Bitcoin, that tyrant of the market, maintains supremacy with about 59.2% dominance, pressing down on the altitudes-SHIB included-with the air of a stern parent at a recital.
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2026-01-31 18:32