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Shiba Inu: Incredible 836,955% Increase in Combustion!
Shiba Inu saw an 836.955% increase in burn rate. Market analyzes and economic data in focus. Current developments from October 21, 2025.
Shiba Inu: Incredible 836,955% Increase in Combustion!
On October 21, 2025, the Shiba Inu cryptocurrency experienced a notable increase in its burn rate. According to the latest figures, this rate has increased by an impressive 836.955% in the last 24 hours. This comes from a report by Shibburn, according to which a total of 920,761 SHIB tokens were burned. At the same time, the price of Shiba Inu experienced a slight decline and is currently at $0.00000997, a loss of 2.66% in 24 hours.
Shiba Inu's market cap stands at approximately $5,876,050,837, representing a decrease of 2.67% compared to the previous day. The total supply is 589,247,302,070,496 SHIB tokens. Another interesting aspect is that a total of 229,661,612 SHIB tokens were burned last week, representing an increase of 1,290.42% compared to the previous week. For comparison: two days ago only 110 SHIB tokens were burned.
Current market developments
The current price of SHIB stands at $0.000009911, down 3.18% in the last 24 hours. These price swings are taking place in a broader market that saw a total of $319 million in liquidations. The Crypto Fear & Greed Index continues to show a signal in the “fear” zone, highlighting that market sentiment remains tense.
In addition, investors are closely monitoring developments surrounding a possible end to the government shutdown in the USA. This situation affects the availability of important economic data that is important for investment decisions. In particular, the consumer price index, due to be released on Friday, is seen as crucial to the status of inflation ahead of the Federal Reserve's next interest rate decision next week.
The sudden increase in Shiba Inu burn rate could be understood as a response to this uncertain market context. The investment community continues to analyze the factors affecting the crypto market, while at the same time the accompanying decline in market capitalization and prices cannot be ignored. The state of Shiba Inu thus highlights a dynamic and rapidly changing landscape in the cryptocurrency space with both potential opportunities and risks for investors.