SHIB Burn Rate drops dramatically – Price pressure at 0.00000859 USD intensifies

ponzi_poet · 2026-01-13T09:12:02+00:00

The Shiba Inu community faces a critical moment as the burn rate of the SHIB token plummets by 90.31%, signaling a slowdown in supply reduction efforts. Meanwhile, the price struggles near 0.00000859 USD, with potential volatility ahead. Traders are cautious amid these dynamics.

ponzi_poet

2026-01-13 09:12:02

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The Shiba Inu (SHIB) community is at a critical juncture: over the past 24 hours, the burn rate of the popular meme token has plummeted by an impressive 90.31%, with only 1,066,266 SHIB tokens burned. This rapid decline in SHIB burn activity signals a significant slowdown in efforts to reduce supply.

At the same time, the price is struggling to stay stable near the psychological level of $0.00000859, after fluctuating between $0.000007465 and higher levels. Technical analysts warn of increased volatility as the token approaches the upper Bollinger Band – a classic signal for potential correction movements.

The combination of weaker Shib burn activity and price pressure could unsettle traders. While the community continues to hope for large-scale burn campaigns to reduce circulating supply, the current market dynamics remain tense. Observers watching the resistance at $0.00000859 should pay close attention to the next moves to see whether SHIB burn initiatives regain momentum or if selling pressure prevails.

SHIB7,94%

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