Shiba Inu Burn Rate Skyrockets 57,069%, But Why Did This Whale Burn 1B SHIB?

Despite Shiba Inu SHIB/USD prices pulling back, burn rates and whale transactions are surging and fueling optimism for the meme coin's next move.

Cryptocurrency	Price	Market Cap	24-Hour Trend	7-Day Trend
Shiba Inu SHIB/USD	$0.00001436	$8.5 billion	-6.8%	+12.6%
Dogecoin DOGE/USD	$0.1960	$29.1 billion	-4.3%	+14.3%
Pepe PEPE/USD	$0.0₅8542	$3.6 billion	-6.4%	+14.8%

Trader Notes: Post Shiba Inu's 15% rally in yesterday trading session, crypto trader Javon Marks believes SHIB's momentum remains strong despite its recent breakout. If the rally continues, he projects a 415% surge toward $0.000081.

$SHIB (Shiba Inu)'s prices are starting to return with signs of strength here but remains well broken out, meaning that this strength can pick up massively!

With prices still broken out, $0.000081 remains as the target which can result in an over 415% run to reach it… https://t.co/DngudfB7Kf pic.twitter.com/CEdKnktbt5
— JAVON⚡️MARKS (@JavonTM1) March 26, 2025

Statistics: Shibburn data shows the burn rate rising by 57,069.02% in the past 24 hours, as more than 1 billion SHIB coins were permanently removed from circulation.

This included a single transaction burning 1 billion coins.

In an X post on Thursday, marketing lead Lucie revealed the same whale who burned 1 billion SHIB also burned another 1 billion over three days, along with 700 BONE and LEASH tokens.

IntoTheBlock data shows Shiba Inu large transaction volume expanding by 236.5% in a single day, while daily active addresses zoomed higher by 51.8%.

Transactions greater than $100,000 went up from 65 to 164 in a single day. Shibariumscan data reflects daily transactions have remained consistent at 3.8 million.

In an X post on March 21, IntoTheBlock data showed that Shiba Inu's percentage of long-term holders (75.8%) is ahead of Bitcoin and Ethereum.

Community News: Shibarium Updates announced SHIB Pay, a feature that will enable crypto payments for online stores without banks or middlemen. Lower transaction fees, faster settlements, greater control and global reach are benefits of SHIB Pay.

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