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Home Cryptocurrency

Shiba Inu Sees Bullish Revival as Token Burn Rates Surge

by FeeOnlyNews.com
6 months ago
in Cryptocurrency
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Shiba Inu Sees Bullish Revival as Token Burn Rates Surge
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Shiba Inu (SHIB) is showing renewed bullish momentum after a sharp rebound in on-chain activity and a major spike in token burn rates.

Following a volatile session where SHIB defended key support, the meme coin pushed higher, climbing nearly 3% on the day to trade around $0.0000078 as traders responded to aggressive supply-reduction efforts.

The rebound comes as the wider crypto market starts to stabilize. Total market capitalization has climbed back above $3.12 trillion, Bitcoin has recovered toward $90,000, and Ethereum trades above $3,000.

These moves give SHIB a boost, since it often follows momentum in the Ethereum ecosystem. Market sentiment has improved as well, with the Crypto Fear and Greed Index rising from “Extreme Fear” to 29.

The crypto market’s Relative Strength Index (RSI) has bounced back to about 47 after dipping into oversold territory, signaling growing buying pressure and more stable prices. If the broader market keeps moving higher, the ShibArmy could push SHIB into a stronger, sustained uptrend.

Source – 99Bitcoins YouTube Channel

Shiba Inu Burn Surge Strengthens Bullish Supply Outlook

One of the strongest bullish signals for Shiba Inu right now comes from its aggressive deflationary mechanics. Over the past 24 hours, the ecosystem recorded a major surge in activity, with the burn rate jumping by 2,807%.

During this time, the network permanently removed more than 18.8 million SHIB tokens from circulation, sharply increasing efforts to tighten supply amid early 2026 market volatility.

This surge feeds into a broader shift in Shiba Inu’s supply structure. Although the project launched with one quadrillion tokens, the community has now permanently burned over 410 trillion SHIB.

Shiba Inu Burn Rate

Source – Shibburn Data

As a result, total supply stands near 589.2 trillion, with about 585.4 trillion tokens actively circulating. The community also continues to support long-term scarcity through staking, with roughly 3.8 trillion SHIB locked as xSHIB.

These numbers point to a clear, long-term strategy focused on reducing supply. In past market cycles, high burn activity combined with strong demand zones has often preceded major price rallies.

For many analysts, the ongoing drop in circulating supply strengthens the bullish case and positions SHIB to benefit from a broader return of market momentum.

Shiba Inu Price Prediction

Shiba Inu recently dropped into a historically significant demand zone that has sparked massive rallies of up to 300% in past cycles, with analysts pointing out that price action in this area often signals the early stages of major trend reversals.

From a technical standpoint, higher time frames show a bullish reversal wedge taking shape, suggesting that despite trading near recent lows, history could be setting up to repeat itself.

As of late January 2026, SHIB shows signs of quiet accumulation: the token sits down roughly 5% on the week but remains up more than 5% on the month, holding firm near the $0.00000750 support level.

This consolidation coincides with a sharp increase in burn rates and strengthening demand signals, reinforcing SHIB’s position as the second-largest meme coin by market cap and a top-tier candidate for investors positioning ahead of the next major market move.

Shiba Inu Price ChartShiba Inu Price Chart

Short-term indicators remain neutral but primed, with the MACD hovering slightly above the signal line and hinting at a potential bullish crossover, while a flat histogram awaits confirmation of fresh buying momentum.

At the same time, the RSI sits at a balanced 51, leaving ample room for upside before overbought conditions emerge.

On the price map, bulls target $0.00000850 as immediate resistance, followed by $0.00000900, while a breakdown below $0.00000750 risks a retest of the $0.00000700 support floor.

As SHIB pushes to regain bullish momentum through scarcity and community-driven burns, savvy investors in 2026 are diversifying into “utility-first” assets that address key network bottlenecks.

Bitcoin Hyper (HYPER) stands out as the best crypto presale to buy this quarter, having already raised over $31 million during its viral funding phase.

As SHIB Shows Strength, Bitcoin Hyper Rises as a High-Potential Altcoin

Rising Bitcoin prices could give Bitcoin Hyper a big boost by driving more presale interest and increasing demand for $HYPER once it starts trading on exchanges.

As BTC climbs, profit-taking by large holders often flows into higher-risk, higher-reward projects. In this environment, Bitcoin Hyper could attract more early investors who see its potential in a future, utility-focused Bitcoin ecosystem.

Over time, Bitcoin Hyper and Bitcoin will become closely linked. The project aims to expand BTC’s role beyond a store of value, letting it act as an active medium of exchange within the Layer-2 network it is building.

Every rollup needs a sequencer; the real question is how control evolves over time. Bitcoin Hyper starts simple with a single sequencer, but is designed to progress toward distributed, neutral sequencing anchored by Bitcoin itself.

Read the full article 👇… pic.twitter.com/c6HaL8RWpf

— Bitcoin Hyper (@BTC_Hyper2) January 28, 2026

The network supports apps built on the Solana Virtual Machine (SVM) while staying connected to Bitcoin through a canonical bridge. Users can wrap BTC to use it inside the Bitcoin Hyper ecosystem, where it powers DeFi, payments, and other applications.

When users exit, the wrapped BTC is burned, and the original BTC returns to the main chain, keeping Bitcoin’s security intact. From an investment perspective, $HYPER’s potential goes beyond the presale. The presale gives early access at a lower price before exchange listings.

If Bitcoin continues to rise and $HYPER hits the market, the token could attract even more capital as a higher-risk, higher-reward option, making it a prime candidate for the best altcoin to buy, especially as its ecosystem expands.

Bitcoin Hyper recommends using a top crypto wallet, like Best Wallet, when buying $HYPER. The token already appears in Best Wallet’s “Upcoming Tokens” section, making it easy for users to buy, track, and claim $HYPER once it launches.

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