Shiba Inu’s Wild Ride: From Meme to Millionaire (or Maybe Not) in a Day

by

Shiba Inu‘s Wild Ride: From Meme to Millionaire (or Maybe Not) in a Day

So apparently, the adorable little dog everyone loves to meme about has decided to play hard to get—and by that, I mean it’s burning through tokens like a bonfire at a bonfire party. Shiba Inu (a.k.a. SHIB) managed to torch an astonishing 5,223% more tokens in a single day. Yes, you read that right—like a dog chasing its tail, only this time the tail is made of money… or at least what used to be money.

According to the sacred scrolls of Shibburn—because nothing says “trustworthy” like a website dedicated solely to burning crypto—tens of millions of SHIB were sent off to a nice little digital graveyard. The last 24 hours saw a hearty 21 million tokens go poof, while over the week, nearly 150 million went the way of the dodo. Somewhere, a blockchain widow is mourning her loss. 💀

HOURLY SHIB UPDATE
$SHIB Price: $0.00001292 (1hr 0.53% ▲ | 24hr -1.39% ▼ )
Market Cap: $7,612,060,617 (-1.44% ▼)
Total Supply: 589,251,234,716,565

TOKENS BURNT
Past 24Hrs: 21,292,085 (5223.02% ▲)
Past 7 Days: 148,506,693 (25.31% ▲)

— Shibburn (@shibburn) May 31, 2025

Meanwhile, Shytoshi Kusama, the man (or possibly dog?) behind the curtain, has finally resurfaced on X—formerly Twitter—after weeks of radio silence that must have had the community scratching their heads deeper than a Chihuahua in a rabbit hole. His tweets have the subtlety of a fireworks display—hinting at a “final white paper,” artificial intelligence, and a “new age.” Basically, he’s promising a sci-fi plot thicker than a bowl of grandma’s jello.

As if that wasn’t enough, SHIB’s price is hanging in there at around $0.00001281, up a tiny 1.74% in the last 24 hours after taking a weekend dip—because nothing screams stability like a rollercoaster made of digital dog treats. After a few days of disappointment, Shiba Inu is staging a comeback, bouncing back from lows that would make even a sleep-deprived squirrel lose hope. Bulls are now trying to herd the price back to a slightly more respectable level of $0.00001294. 🐶📈

ShibDAO: The Doghouse Gets a Makeover

In a move that surprises no one but still makes everyone nervous, the ShibDAO—yes, the community’s own government-in-the-making—is finally live. Think of it as Shiba Inu’s version of a democracy, only with fewer politics and more blockchain. The idea is to hand over the keys to the community, which means the “alpha” dog (or at least the one with the loudest bark) now has true control without needing a leash or an owner.

This isn’t just a fancy whiteboard idea; it’s the real deal. The plan? To create a voting system with enough “karma” to make the internet’s most dedicated Reddit posters jealous. The more positive you are about SHIB, the more clout you get—kind of like earning points at a doggy daycare, but for crypto nerds. And yes, the community is all about “decentralized autonomous organization,” because why not make decisions without asking a sugar daddy?

Read More

2025-06-01 17:43