EL7.AI
Crypto•9 July 2026•
1 min read

Shiba Inu Burn Rate Surges but SHIB Price Struggles Under Selling Pressure

Key Facts

1The Shiba Inu burn rate has experienced a parabolic increase in an effort to reduce circulating supply.
2SHIB price remains under pressure and continues to decline despite the significant surge in burn activity.

Amid the ongoing volatility in the meme coin sector, the Shiba Inu burn rate has experienced a parabolic increase in an effort to reduce circulating supply. However, according to reports, the SHIB price remains under persistent downward pressure and continues to decline, showing a clear decoupling between supply-reduction mechanisms and actual market performance.

This divergence occurs as peer tokens also face headwinds; Dogecoin (DOGE) has seen significant price fluctuations recently per market data, while speculative interest in mid-cap tokens remains muted. Analysts suggest that the failure of massive burns to support the price indicates that selling pressure is currently outweighing the network's deflationary efforts.

Looking ahead, traders are focusing on psychological support levels as the market awaits fresh catalysts.