Looking at SHIB's Burn Rate: How This Sentiment Can Push Its Price by 10%

Shiba Inu (SHIB) continues to capture investor interest as one of the most prominent meme coins in the crypto space. At the core of SHIB’s strategy to build long-term value is its aggressive burn rate mechanism—a deflationary approach designed to reduce the circulating supply of tokens and increase scarcity. As this burn sentiment strengthens, it could spark a 10% price rally. In this article, we explore the role of SHIB's burn rate in shaping price trends and why this metric could be a game-changer for its future.

Understanding Shiba Inu (SHIB) Burn Rate

The burn rate in Shiba Inu's ecosystem refers to the process of permanently removing SHIB tokens from circulation by transferring them to inaccessible "burn addresses." Since its inception in 2020, the SHIB community has burned over 410 trillion tokens—about 41% of the original one quadrillion supply.

This initiative is fueled by both the ShibBurn portal, which rewards users for participating in token burns, and Shibarium, SHIB’s layer-2 blockchain. Shibarium dedicates 70% of its base transaction fees to SHIB burns, reinforcing the project’s deflationary model and community-focused ethos.

Impact on Shiba Inu Price

Token burns directly influence the supply-demand dynamics within the SHIB ecosystem. As more tokens are permanently removed from circulation, scarcity increases, which can lead to upward price pressure. The total supply is 589.25 trillion, with a circulating supply of 584.37 trillion SHIB.

Recent data reveals a remarkable surge in SHIB’s burn rate. As of April 12, 2025, the burn rate soared by 1827.83%, with 30,089,489 SHIB burned in the last 24 hours. 

While significant burn events showcase potential price impacts, immediate results are not always guaranteed due to broader market conditions. Nevertheless, analysts believe that consistent burns combined with strong community demand could trigger substantial gains in the future.

SHIB Token Price Today

As of April 12, 2025, Shiba Inu (SHIB) is trading at $0.00002. While the token has faced downward pressure in recent weeks, it remains among the top cryptocurrencies by market cap. Investors can track its live price or trade SHIB on major platforms like Bitrue.

SHIB Token Projection

Looking forward, SHIB’s burn rate is expected to play a pivotal role in its long-term price potential. Analysts suggest that if burns continue consistently—and if major upgrades or ecosystem milestones follow—SHIB could eventually target $0.01 or even $1. While these targets remain speculative, they are supported by a passionate community and increasing utility.

Read Also: Shiba Inu Token Burn Impact on Market Sentiment

Conclusion

Shiba Inu’s burn rate strategy highlights a powerful, community-led approach to increasing value through token scarcity. Though immediate price surges may be tempered by market conditions, consistent and large-scale burns create a solid foundation for future growth. As SHIB evolves through tools like ShibBurn and Shibarium, its long-term trajectory looks increasingly optimistic.

FAQ

What is Shiba Inu's burn rate?
The burn rate refers to the process of permanently removing SHIB tokens by sending them to burn addresses, reducing total supply and increasing scarcity.

How does burning affect SHIB's price?
Token burns reduce supply, which can apply upward pressure on price if demand stays strong.

Can SHIB reach $0.01 or $1?
While it's an ambitious goal, it is possible with sustained token burns, ecosystem growth, and continuous investor interest.

Where can I trade SHIB?
SHIB is available on major exchanges like Bitrue.