Shiba Inu Burn Rate Explodes Over 112,000% In One Day — What’s Fueling The Surge?
Posted On June 12, 2025
Shiba Inu’s (CRYPTO: SHIB) burn rate has spiked, alongside a rise in whale transactions and daily transactions. Key Shibarium updates reflect strong fundamentals for the meme coin.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Shiba Inu (CRYPTO: SHIB) | $0.00001257 | $7.4 billion | -4.5% | -2.5% |
| Dogecoin (CRYPTO: DOGE) | $0.1874 | $28 billion | -5.6% | –2% |
| Pepe (CRYPTO: PEPE) | $0.00001216 | $5.1 billion | -4.2% | +2.6% |
Trader Notes: Technical analyst Investing Haven notes that SHIB has held key support around $0.000012345, aligning with expected annual lows near $0.0000133.
The chart may be forming a bullish W-reversal pattern, which — if confirmed — could push SHIB toward a target of $0.0000666.
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