Shiba Inu News: Token Burn Soars 1.309% as Trader Projects 172% Rise

• Shiba Inu burning increases more than 1.300% in 24 hours
• Investors Send Millions of SHIB to Inactive Wallets
• SHIB Price Retreats as Community Maintains Deflationary Strategy

The Shiba Inu community surprised the market by recording a significant 1.309% jump in token burns in just one day. According to data monitored by Shibburn, approximately 2.944.722 SHIB were permanently removed from circulation, sent to wallets with no possibility of redemption.

HOURLY SHIB UPDATE $ SHIB Price: $0.00001263 (1hr 0.19% ▲ | 24hr 1.45% ▲ )
Market Cap: $7,445,456,071 (1.45% ▲)
Total Supply: 589,247,734,555,705

BURNT TOKENS
Past 24Hrs: 2,944,722 (1309.71% ▲)
Past 7 Days: 11,735,561 (-81.45% ▼)

— Shibburn (@shibburn) August 28, 2025

Two anonymous transactions stood out in the movement. The largest single transaction eliminated 1.694.200 SHIB, while another removed 1.076.047 units from the market. The identities of those responsible were not revealed, reinforcing the hypothesis of participation by large holders or whales.

Despite the daily jump, the weekly analysis shows an 81,45% decline in burns, with 11.735.561 SHIB destroyed over the course of seven days. This indicates that, although community action has gained momentum in a short period, activity remains volatile depending on market conditions.

Community reaction and price pressure

The burning mechanism is considered essential to the memecoin's deflationary strategy. Each token removed from the market contributes to reducing the total supply, increasing scarcity and reinforcing expectations of future appreciation. The initiative is driven voluntarily by the investors themselves, without the imposition of centralized entities.

Meanwhile, the Shiba Inu price faces challenges. On Monday, the coin fell as much as 12%, reflecting the broader volatility in the cryptocurrency market. The development team sought to bolster community morale with a message posted on the official @Shibizens profile: “We’re down, but we’re not done”.

At the time of calculation, SHIB was trading at US$ 0,00001208, down 3,8% in the last 24 hours. Despite the fluctuations, the token remains the second-largest meme cryptocurrency by market value, preserving its place among the projects most followed by investors.

Shiba Inu Price Analysis

Trader @Bitcoinsensus pointed out that Shiba Inu remains within its accumulation zone, a phase that historically precedes strong upward movements. If the pattern is confirmed, the price could advance to significantly higher levels.

Based on the current quote of US$ 0,00001208, the first projected target (TP1) is in US$ 0,00003296, which would represent an increase of approximately 172%. The second target (TP2), located in US$ 0,00005589, would signal an even more expressive jump, of around 362% in relation to the current price.

This technical perspective reinforces the expectation that, if the token manages to break out of its consolidation, Shiba Inu could attract new buying momentum and once again move the memecoin market.

$ SHIB – Accumulation Heating Up? 👀🔥

Shiba Inu still ranging within its accumulation zone.

History shows SHIB often explodes after long consolidations.

Targets on the chart:
TP1 → 0.00003296
TP2 → 0.00005589

Could this be the calm before the storm? 🚀🐕 #ShibaInu #Crypto ... pic.twitter.com/nYE8bAvm1B

— Bitcoinsensus (@Bitcoinsensus) August 22, 2025