Shiba Inu Burn Rate Jumps 1,567% as SHIB Community Signals Commitment

Shiba Inu (SHIB) has returned to the spotlight following a 1,567% surge in its burn rate within the past 24 hours, according to data shared by Shibburn. During this period, 1,157,800 SHIB tokens were permanently removed from circulation, marking a dramatic increase compared to previous days when burn activity remained below 200,000 tokens.

This sudden spike in burn activity comes at a time when SHIB’s price performance remains weak. At the time of writing, SHIB was trading around $0.00000825, reflecting a 1.47% decline over the last 24 hours and a roughly 2% drop on a weekly basis. The broader crypto market continues to face selling pressure, largely driven by macroeconomic uncertainty and the aftermath of a prolonged liquidation cycle.

Despite the bearish price trend, the sharp rebound in the burn rate suggests that the Shiba Inu community remains actively engaged in long-term supply reduction efforts. While the specific trigger behind the burn surge has not been publicly disclosed, such increases are often linked to community-led initiatives or automated burn mechanisms built into ecosystem products. Many SHIB supporters continue to believe that consistent token burns could play a meaningful role in enhancing the asset’s long-term value proposition.

The broader crypto market context remains challenging. Since early October, digital assets have endured a multi-week sell-off that culminated in the liquidation of approximately $19 billion in leveraged positions. According to blockchain analytics firm Glassnode, current market conditions point to a “mild bearish phase,” characterized by limited capital inflows and steady distribution from larger holders.

However, institutional interest has not completely faded. Shiba Inu’s inclusion in crypto-related investment products from legacy asset managers — such as T. Rowe Price, which oversees $1.77 trillion in assets — has helped maintain SHIB’s visibility among long-term investors. Additionally, upcoming developments could inject fresh momentum into the market.

On December 15, Coinbase is set to launch perpetual-style futures trading in the U.S. for select altcoins, including Shiba Inu. The exchange has also hinted at a broader system update scheduled for December 17, sparking speculation within the SHIB community about potential announcements that could benefit the ecosystem.

With the year nearing its end, traders and investors are closely monitoring burn activity, derivatives expansion, and broader market signals for clues about what 2026 may hold. While SHIB’s price has yet to reflect the renewed burn momentum, the recent spike underscores that community-driven fundamentals remain active beneath the surface, even amid cautious market sentiment.