Shiba Inu’s Burn Rate Meltdown: A 94% Collapse and a Dash of Despair 🐾🔥

by

Perusing the pages of the esteemed Shibburn, one discovers a tale most tragic-nay, a veritable Shakespearean tragedy for the Shiba Inu community. The once-proud burn rate of SHIB, that second-largest meme coin, has slumped with the grace of a penguin on a trapeze, plummeting by a staggering 94%. One might almost hear the collective gasp of investors as their hopes for a roaring comeback evaporated like a puddle in a desert.

Yet, fear not! Amidst this maelstrom of misfortune, a glimmer of hope pierces the gloom. The SHIB faithful, with the tenacity of a bulldog clutching a £5 note, have managed to burn a modest 9,434,807 SHIB over seven days. A pittance, to be sure, but better than nothing-unless one is a poet, in which case it is a poignard to the soul.

SHIB Burn Rate: A Descent More Dismal Than a Bankrupt Aristocrat’s Bank Account

The past week has been a veritable rollercoaster of despair for the Shiba Inu brigade. The burn rate, once a sprightly sprout, has withered into a withered shrub, its vitality reduced by 94.05%. Even the daily burn rate, a figure that once danced with vigor, now limps along with a 95.46% decline, burning a paltry 169,895 SHIB. One might say the community has mastered the art of doing less with less-and then doing even less.

HOURLY SHIB UPDATE$SHIB Price: $0.0000122 (1hr 0.20% ▲ | 24hr -4.28% ▼ )
Market Cap: $7,193,168,112 (-4.56% ▼)
Total Supply: 589,247,738,602,120

TOKENS BURNT
Past 24Hrs: 169,895 (-95.46% ▼)
Past 7 Days: 9,434,807 (-94.05% ▼)

– Shibburn (@shibburn) August 26, 2025

SHIB’s Resurgence: A Phoenix or a Flea?

Amidst the gloom, SHIB has mounted a valiant-if somewhat underwhelming-rebound. Over the past 24 hours, it has clawed back 3.25% after a 12.38% nosedive that left investors clutching their pearls. The price curve mirrored Bitcoin’s with the precision of a parrot mimicking a symphony. Yet, this reprieve was fleeting, as SHIB dipped again by 1.18%, now trading at $0.00001210 per coin. A flicker of hope, perhaps, but one that would make a candle weep.

Read More

2025-08-26 10:42