Shiba Inu Turns 5: $SHIB Burn Rate Increase 5800%, Rebound Ahead?

Shiba Inu’s 5th Birthday Push Price Up? $SHIB Burn Rate Increase 5800%

Shiba Inu turns 5, and it's more than just an anniversary—it marks a half-decade of innovation, global community strength, and digital asset evolution. 

What began as a playful meme token has transformed into a leading decentralized project. From launching a Layer-2 network to $SHIB burn rate increasing 5800%, its 5th birthday highlights one of the incredible paths and growing influence in the memecoin industry.

Shib Burn Rate Increase Surpasses 5800% in 24 Hours

One of the most exciting updates is the shocking shiba inu burn rate update —a whopping 5809.71% surge in the past 24 hours alone. 

Latest Burning Stats:

• Total SHIB Burned Since Launch: 410.75 trillion

• Current Circulating Supply: 584.6 trillion

• Burned in Last 24h: 4.12 million SHIB

• Volume Spike: $284.71 million (increase 24.58%)

Burning tokens contributes to long-term scarcity. This major shib burn rate increase could signal the start of another bullish cycle—if momentum holds.

Shiba Inu Price Today: A Dip with Signs of Life

Even with the exciting mood, the current market status shows a dip in value. Yet, the recent rise in activity suggests a possible bounce according to the CoinMarketCap chart. 

Quick Market Numbers overview:

• Current Price: $0.00001217, decrease 5.18%

• Total Market Capitalization: $7.17 billion

• Support Level: $0.0000120, tested multiple times today

Though bearish candles dominate the daily chart, volume uptick and buyer interest around the support zone offer a sliver of hope. Will price rebound soon? Time—and momentum—will tell.

5 Years of Vision, Utility & Ecosystem Growth

As the token turns 5, it’s important to appreciate the sincere progress behind the hype. This project continues to compound in ways unimaginable, so here’s the significant accomplishments:

• ShibaSwap Launch: 2021

• Shibarium Mainnet Live: 2023

• DAO Governance Rollout: 2025

• Exchange Listings: 115+ platforms globally

• Over 1.5 Million Wallet Holders

3 Reasons a Rebound Could Happen

As excitement builds around its birthday, many are wondering: Will the token go up again? Here are three significant points to watch: 

1. Burning Momentum is Real

This recent shiba inu burn rate update is simply too important to overlook. In excess of an 5800% rise is a serious contraction of supply, and usually a bullish sign in the mid-to long-term. 

2. Volume Spike Indicates Engagement

In the latest Shiba Inu news today, its trading volume is up by over 24%, suggesting that traders are engaging with it again. 

3. Price Holding at Key Level

It has tested the $0.0000120 level multiple times. If this support zone holds, a reversal or consolidation could follow.

Final Thoughts: This 5th Birthday Mark Is a Turning Point

As the coin celebrates its 5th anniversary, it holds more than just a past narrative; it has a story of growth, adaptability, and potential.  While short-term charts may show hesitation, the fundamentals remain strong.

With a massive $SHIB burn rate increase, rising market volume, and fresh developments on the horizon, shiba inu price prediction 2025 might lean bullish—especially if current trends continue.