Shiba Inu Goes Fast & Furious: 34M Burned, Price Wobbles & Market Guesses 🤯🔥

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Ah, the noble Shiba Inu – that rabid little dog with a penchant for fiery temperament and even fierier burn rates. Yesterday’s spectacle: over thirty-four million little canine tokens-34,397,753 SHIB, to be precise-went up in in scintillating smoke, with the burn rate soaring a staggering 274%, parading around like a crypto fireworks show. 🎆

All told, in the grand seven-day saga, a hefty 94,600,421 SHIB tokens vanished into the ether-though, just to keep things interesting, the weekly burn rate tumbled a hair-raising 9.46%, perhaps contemplating its own existential crisis. Such drama! Such flair! The weekly burn dance, a true rollercoaster for the discerning hodler.

HOURLY SHIB UPDATE:

$SHIB Price: $0.00000846 (1hr -0.51% ▼ | 24hr 1.35% ▲ )
Market Cap: $4,986,427,794 (1.27% ▲)
Total Supply: 589,246,114,046,995

TOKENS BURNT

Past 24Hrs: 34,397,753 (274.74% ▲)

Past 7 Days: 94,600,421 (-9.46% ▼)

– Shibburn (@shibburn) December 7, 2025

Meanwhile, the total supply of our beloved digital dog has been gently but steadily shrinking-down to approximately 589 trillion SHIB, according to the wise keepers at Shibburn. The supply is going the way of my patience during tax season.

At this very moment, Shiba Inu fetched a modest, melancholy 1.91% decline over the last 24 hours to a humble $0.000008347, as the entire crypto chaos mostly tripped over itself on a so-called “Sunday.” Ah, the serenity-a fleeting illusion, dear reader.

Shiba Inu Eyes December Reversal: Will Santa Bring a Pump?

Whispered in the corridors of Coinbase Institutional-those fortress-like temples of financial wisdom-is the tale of a potential December revival, a glimmer of hope for our furry friends. The scenario? A reversal in crypto tides, bolstered by the good ol’ macroeconomic fairy dust, possibly favoring risk-on assets like, say, Shiba Inu.

Odds of a Fed rate hike are climbing faster than a dog chasing its tail-93% on Polymarket, 86% on CME’s FedWatch-fueling speculation that December might just turn the tide before the calendar flips. Could it be more than just wishful thinking? Or will it be another holiday disappointment? 🎅🤷‍♂️

Meanwhile, liquidity-those sweet, flowing monetary streams-are reportedly improving, as per Coinbase’s internal M2 index (a fancy measure of cash moving around). Their crystal ball long predicted a weak November-then a rebound. It’s like waiting for your dog to stop barking-you’re just hoping for a quiet moment.

Potential Targets: The Puppy Chow Roadmap

Shiba Inu tried its paw at a breakout, boldly crossing the daily MA 50 for the first time since the early days of October-because in crypto, even a small win is cause for celebration. After a two-day surge to a high of $0.0000095, the bullish enthusiasm waned, and price faltered, stomping back like a puppy caught mischief.

If December turns out to be the miracle month, our fluffy hero will need to shatter the stubborn $0.0000095 barrier, aiming for victory at $0.00001177 and maybe even $0.0000148-dreams as lofty as a beagle on a sugar high.

Currently, a cozy base is forming around $0.00000815, with support lines lurking in the $0.0000075-$0.0000078 range-because even the bravest pups need a sturdy cushion for their leap.

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2025-12-07 20:03