Shiba Inu (Shib) has plummeted to $0.00001035 over the past seven days, with many investors fearing they can add another zero. Amidst this growing concern, the SHIB ecosystem’s deflation burn-out look also crashed 99%.
Shib Price rebound despite Deflation Drople
In particular, the combustion mechanism is Shiba Inu’s way of controlling the internal supply of ecosystem tokens. Incineration of tokens helps reduce circulation supply. This usually supports price increases when matched with demand.
However, over the past 24 hours, this deflation mechanism has declined by 99.32%, according to data from Shivburn. The burn rate tracking platform reveals that only 101,213 SHIBs have been sent to wallets that are no longer active.
Hourly Shib Update $shib Price: $0.00001162 (1 hour – 0.47%▼ | 24 hours 0.04%▲)
Market capitalization: $6,848,666,636 (0.23%▲)
Total supply: 589,249,849,217,081The token burned
Last 24 hours: 101,213 (-99.32%)
Last 7 days: 62,368,151 (-94.28%▼)– Shibburn (@shibburn) June 26, 2025
This indicates that users in the Shiba INU community did not reduce the circular supply within the specified time frame.
Shiba Inu’s total supply is currently at 589,249,849,217,081 SHIB, with 584,530,878,291,681 Shibu still in circulation. The remaining 4,718,970,925,400 shivs are seeped into the ecosystem.
Interestingly, despite witnessing small amounts of burns, Shiba Inu recorded a significant increase in value. Shiv has peaked at $0.00001178 in trading over the past 24 hours, rising from a low of $0.00001151. At the time of reporting, it had been exchanged for $0.00001166 due to market volatility.
Shiba Inu may try to reach a higher level if they receive ecosystem support, such as increased burns and increased trading volumes. Shib’s volume is currently down 2.57% to $110.1 million.
Shiba inu bullish indicators may support recovery
Shiba Inu could be rebound as some bullish patterns emerged within a week. For example, encrypted data revealed that Shiba Inu Exchange Reserve has skyrocketed to $929 million. The increase in reserve suggests increased interest in memecoin and the potential for potential benefits.
Also, open interest is growing as market participants bet on Shiba Inu’s futures market. Investors expect Meme Coin to remain resilient and surpass its $0.000011 support level.
