Burn Frenzy Boosts SHIB’s Scarcity—Will It Spark a 130% Price Rally?

Shiba Inu news is generating excitement once again, thanks to community efforts that are reducing the number of SHIB tokens available. This “burn frenzy” is making the tokens scarcer, leading to talks of a potential 130% price increase. Remember 2021, when SHIB’s value was almost nothing before it skyrocketed by 36,000% due to viral popularity? Now, with a current price of $0.00001343, recent token burns are creating fresh buzz and could trigger another significant rise in value.

Just a few days ago, a massive 3,464% spike in the burn rate wiped out billions of tokens. The big question is whether this increased scarcity will trigger a rally that could drive SHIB up to $0.000023, which would be a 130% jump. This story of reducing supply and potential price gains is quickly spreading among traders, with many eagerly discussing the possibility of “SHIB burn frenzy—130% incoming?” as the community looks to revive the meme token’s momentum.

Recent Shiba Inu news highlights efforts to reduce the supply of SHIB tokens. The community-driven Shibburn initiative recently destroyed over 1 billion SHIB in a single day, bringing the total burned to 410 trillion out of an original quadrillion. This process isn’t random; it’s automated by Shibarium, SHIB’s layer-2 network, which burns tokens through transaction fees. This has decreased the circulating supply to 589 trillion, potentially increasing the token’s value if demand stays strong.

On-chain data shows that around 10,000 new addresses are being added each week, and daily transaction volumes remain steady at $200 million, indicating genuine interest beyond just hype. Currently, SHIB is priced at $0.00001343, giving it a market cap of around $7.91 billion, which is still much lower than its 2021 peak of $0.000088. This suggests there is potential for significant growth if the token burns continue.

Analysts predict that SHIB could rally by 130% to $0.000023 if the reduction in supply is combined with positive factors like speculation around ETFs or Bitcoin maintaining its stability at $57,000. This pattern resembles past situations where token burns led to gains of 200%.

But Shiba Inu isn’t without challenges. While the burn initiative is impressive, there are doubts. So far, only 41% of the total supply has been burned. Without ongoing demand from decentralized finance (DeFi) or NFTs on Shibarium, the price could stall. Recent drops to $0.000009 have tested lower limits, with the Relative Strength Index (RSI) at 53, showing neutral momentum that could turn positive if trading volumes increase.

Community efforts like Shib Burn Frenzy make token burning more engaging, but if adoption slows, SHIB’s price might settle below $0.000011 before rising again. The real interest, however, is in Shiba Inu’s broader ecosystem. Shibarium handles 5 million transactions daily and offers 5% staking rewards, making it more than just a meme token—it’s positioned as a utility player in a $1 trillion market. If another 100 trillion tokens are burned, the reduced supply could spark a rally, potentially turning a $1,000 investment into $2,300.

SHIB Burn Frenzy, Will It Spark a 130% Rally?

The latest Shiba Inu news about the burn frenzy is catching everyone’s attention. This dog-themed token is defying the odds as the community burns tokens to create scarcity and drive up value. There are risks, such as market crashes or regulatory challenges, which could limit gains. However, with Bitcoin stable, and whispers of an altcoin season, many are favoring SHIB. Historically, these frenzies often come before big price booms.

As Shiba Inu’s stories evolve, the burn frenzy reduces token supply. But the question remains, will it trigger a 130% rally?  Is it the next big thing or just another fleeting trend? This could be the chapter that changes everything.

FAQs

1. What is the current SHIB price? As of August 11, 2025, SHIB trades at $0.00001343, with a $6 billion market cap.

2. How much SHIB has been burned? Over 410 trillion SHIB has been burned, reducing circulating supply to 589 trillion from the original quadrillion.

3. What caused the recent burn frenzy? A 3,464% surge in burn rate, destroying 1 billion SHIB in a day, driven by Shibarium’s automated fees and community tools.

4. Could burns lead to a 130% rally? If scarcity combines with demand, SHIB could hit $0.000023, but market conditions and adoption are key.

5. What risks face SHIB’s rally? Low demand or market dips could keep SHIB below $0.000011, despite burns reducing supply.