Shiba

bullish

Burn

when

Shiba Inu

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According to <a href="https://u.today/shiba-inu-burn-rate-up-676-on-thanksgiving-61833188-shib-up-in-smoke" rel="noopener noreferrer nofollow">Shibburn</a>, over 35 million SHIB were burned in the last 24 hours, contributing to an increase in burn rate.
A total of 35,386,697 SHIB were burned in the past day, representing a 1,726.32% rise in daily burn rate. The amount of 116,664,862 SHIB were burned in the last seven days, marking a 148.46% increase in weekly <a href="https://x.com/shibburn/status/1995704617728884950" rel="noopener noreferrer nofollow">burn rate</a>.
The significant amount of SHIB sent to dead wallets has contributed to a drop in Shiba Inu's total supply, which is now 589,246,171,323,119 SHIB.
<blockquote class="twitter-tweet">
 HOURLY SHIB UPDATE<a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> Price: $0.00000799 (1hr 0.07% ▲ | 24hr 0.29% ▲ )Market Cap: $4,705,608,584 (0.29% ▲)Total Supply: 589,246,171,323,119TOKENS BURNTPast 24Hrs: 35,386,697 (1726.32% ▲)Past 7 Days: 116,664,862 (148.46% ▲)— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1995704617728884950?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 2, 2025</a>
</blockquote>
Meanwhile, the Shiba Inu price stays in the red, down 1.34% in the last 24 hours to $0.000007917 as major cryptocurrencies began December on a negative note.
<h2 id="december-presents-mixed-signals">December presents mixed signals</h2>
Shiba Inu has mostly had red Decembers, with the exception of December 2023 when it rose 24.73%; it declined 29.68% in December 2021, fell 13.69% in December 2022 and dropped 20.98% in December 2024.
The <a href="https://u.today/only-28000000000-shiba-inu-outflow-can-it-help-shib-price" rel="noopener noreferrer nofollow">Shiba Inu price</a> closed its first red October since its inception, flipping an age-long historical narrative. While Shiba Inu has mostly had red Decembers, the historical trend flip might support a green December this time.
Shiba Inu closed November lower by 16.67%, marking its fourth consecutive red month since July, expectations remain for a relief rally in December.
<h2 id="potential-scenarios">Potential scenarios</h2>
Technical and historical trends suggest that <a href="https://u.today/shiba-inu-hits-hourly-death-cross-delays-erasing-zero" rel="noopener noreferrer nofollow">Shiba Inu</a> saw a sharp sudden rally after a prolonged period of decline, March 2024 for instance, when it rose 144%.
However, momentum indicators show a neutral-to-bearish tilt, with declining rally strength into overhead resistance. Yet the lack of follow-through selling beneath $0.00000785 suggests bears may be losing momentum. This hints at two potential scenarios: if the Shiba Inu price returns to $0.0000091 and $0.0000094, a retest of the $0.00000119 level might be next, erasing a zero from the Shiba Inu price.
A reclamation of the $0.000009 range might trigger bullish return, while a loss of the $0.00000785 support might begin a move toward the $0.000006. <a href="https://u.today/shiba-inu-burn-activity-explodes-1726-yet-december-shib-trend-stays-mixed" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Shiba Inu Burn Activity Explodes 1,726%, Yet December SHIB Trend Stays Mixed

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