2026-4-2 01:30 |
Shiba Inu is walking into April with two completely different stories playing out at once. On one side, it just got labeled a digital commodity, putting it in the same lane as Bitcoin and Ethereum.
That’s not a small shift when you remember this thing started as a meme people joked about.
On the other hand, there’s some pressure building up in the market. Almost 494 billion SHIB was deposited into exchange within 24 hours, which typically means that holders might be planning to sell.
Despite all that, the Shiba Inu price has remained steady so far. But the real concern right now is what’s happening with SHIB’s burn rate.
SHIB Burn Rate Collapse Raises QuestionsThe latest data shows that Shiba Inu’s burn rate dropped sharply in March, falling about 98% from its earlier peak.
At that pace, it would take hundreds of thousands of years to remove a large portion of the supply, which clearly isn’t ideal for a token that relies on scarcity to drive value.
There has been a short-term spike in burns in recent days, but overall, the trend has been inconsistent. At the same time, tokens are moving onto exchanges, increasing the available supply in the market.
When you combine weak burn activity with rising exchange balances, it creates a setup where selling pressure can quietly build in the background.
Still, it’s not all negative. Over 410 trillion SHIB tokens have already been burned since launch, and the ecosystem continues to evolve with things like Shibarium and staking.
The question now is whether burn activity can pick up again fast enough to offset the growing supply hitting exchanges.
#ShibaInu Burn Rate Crashes 98% from March Peak of 54.69 million to 940,326 on March 31. $SHIB
Generally, March saw a lower total token burn than February.
The tracker website notes that it would take 331,285 years at March’s burn rate to destroy 90% of Shiba Inu’s supply.
The… pic.twitter.com/g9YYcZgxj7
SHIB is sitting around $0.00000609, and it’s kind of at a crossroads. If burns stay weak and more tokens keep landing on exchanges, it wouldn’t be surprising to see it drift down toward $0.0000050 as quiet selling pressure builds up.
But if things calm down a bit and buyers start soaking up that supply, the SHIB price could steady itself and slowly climb back toward $0.0000075. Nothing explosive, just a gradual push.
Now, if burns actually pick up again and the mood around SHIB improves, that’s when things could get interesting. A move toward $0.000010 starts to come into view.
To really break past that, though, it can’t just rely on hype. It would need steady, aggressive burns and real demand from the ecosystem backing it. Until that happens, it’s basically a tug of war between how much is being sold and how much people are willing to buy.
Read Also: Algorand (ALGO) Price Pumps 20%: The Best Quantum-Resistant Crypto to Buy in 2026?
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The post Here’s the Shiba Inu (SHIB) Price if Burn Rate Collapse Triggers a Supply Shock appeared first on CaptainAltcoin.
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