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Shiba Inu Price Prediction: SHIB Tests $0.000006 as Burn Rate Surges 173,579%


by Parshwa Turakhiya
for CoinEdition
Shiba Inu Price Prediction: SHIB Tests $0.000006 as Burn Rate Surges 173,579%

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AI Overview

Shiba Inu trades near $0.00000600, down 0.66%, after breaking below a long-term trendline since 2025. Despite a 173,579% increase in the burn rate with 838,872 SHIB tokens burned, the price continues to decline, signaling bearish market conditions.

Bearish
  • Shiba Inu trades near $0.00000600 after breaking below long-term descending trendline from 2025 highs.
  • Burn rate surges 173,579% with 838,872 SHIB tokens removed from circulation in the past 24 hours.
  • Price tests the $0.00000600 psychological support zone as Supertrend and SAR indicators turn bearish.

Shiba Inu price today trades near $0.00000600, down 0.66% in the past 24 hours after breaking below the descending trendline that has guided price action since mid-2025. The move comes as the community burned 838,872 SHIB tokens over the past day, representing a 173,579% increase in burn rate, yet the metric has failed to lift price out of its multi-month decline.

Burn Rate Explodes But Price Continues Decline

According to Shibburn data, the burn rate spiked 173,579.50% over the past 24 hours, with 838,872 SHIB tokens sent to dead wallets. Total burnt supply now st…

Read The Full Article Shiba Inu Price Prediction: SHIB Tests $0.000006 as Burn Rate Surges 173,579% On Coin Edition.

Read the article at CoinEdition

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XRP Price Prediction: XRP Weakens at $1.35 Support Despite CEO’s $1T Ripple Target

XRP Price Prediction: XRP Weakens at $1.35 Support Despite CEO’s $1T Ripple Target

XRP price today trades near $1.3551, down 0.54% in the past 24 hours as the token tes...
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Shiba Inu Price Prediction: SHIB Tests $0.000006 as Burn Rate Surges 173,579%


by Parshwa Turakhiya
for CoinEdition
Shiba Inu Price Prediction: SHIB Tests $0.000006 as Burn Rate Surges 173,579%

Share:

AI Overview

Shiba Inu trades near $0.00000600, down 0.66%, after breaking below a long-term trendline since 2025. Despite a 173,579% increase in the burn rate with 838,872 SHIB tokens burned, the price continues to decline, signaling bearish market conditions.

Bearish
  • Shiba Inu trades near $0.00000600 after breaking below long-term descending trendline from 2025 highs.
  • Burn rate surges 173,579% with 838,872 SHIB tokens removed from circulation in the past 24 hours.
  • Price tests the $0.00000600 psychological support zone as Supertrend and SAR indicators turn bearish.

Shiba Inu price today trades near $0.00000600, down 0.66% in the past 24 hours after breaking below the descending trendline that has guided price action since mid-2025. The move comes as the community burned 838,872 SHIB tokens over the past day, representing a 173,579% increase in burn rate, yet the metric has failed to lift price out of its multi-month decline.

Burn Rate Explodes But Price Continues Decline

According to Shibburn data, the burn rate spiked 173,579.50% over the past 24 hours, with 838,872 SHIB tokens sent to dead wallets. Total burnt supply now st…

Read The Full Article Shiba Inu Price Prediction: SHIB Tests $0.000006 as Burn Rate Surges 173,579% On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.00...609

0%

$ 0.00...568

-12.8%

Share:

In This News

Coins

$ 0.00...609

0%

$ 0.00...568

-12.8%

Share:

Read More

XRP Price Prediction: XRP Weakens at $1.35 Support Despite CEO’s $1T Ripple Target

XRP Price Prediction: XRP Weakens at $1.35 Support Despite CEO’s $1T Ripple Target

XRP price today trades near $1.3551, down 0.54% in the past 24 hours as the token tes...
Cardano Price Prediction: ADA Slips Toward $0.25 As LayerZero Integration Fails To Lift Price

Cardano Price Prediction: ADA Slips Toward $0.25 As LayerZero Integration Fails To Lift Price

Cardano price today trades near $0.2621, down 0.76% in the past 24 hours as sellers c...