The post Shiba Inu Burn Activity Explodes 1,726%, Yet December SHIB Trend Stays Mixed appeared on BitcoinEthereumNews.com. December presents mixed signals Potential scenarios According to Shibburn, 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 burn rate. 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. HOURLY SHIB UPDATE$SHIB Price: $0.00000799 (1hr 0.07% ▲ | 24hr 0.29% ▲ )Market Cap: $4,705,608,584 (0.29% ▲)Total Supply: 589,246,171,323,119 TOKENS BURNTPast 24Hrs: 35,386,697 (1726.32% ▲)Past 7 Days: 116,664,862 (148.46% ▲) — Shibburn (@shibburn) December 2, 2025 Meanwhile, the Shiba Inu price stays in the red, down 1.34% in the last 24 hours to $0.000007917 as major cryptocurrencies began December on a negative note. December presents mixed signals Shiba Inu has mostly had red Decembers, with the exception of December 2023 when it rose 24.73%; it declined 29.68% in December 2021, fell 13.69% in December 2022 and dropped 20.98% in December 2024. The Shiba Inu price closed its first red October since its inception, flipping an age-long historical narrative. While Shiba Inu has mostly had red Decembers, the historical trend flip might support a green December this time. Shiba Inu closed November lower by 16.67%, marking its fourth consecutive red month since July, expectations remain for a relief rally in December. Potential scenarios Technical and historical trends suggest that Shiba Inu saw a sharp sudden rally after a prolonged period of decline, March 2024 for instance, when it rose 144%. However, momentum indicators show a neutral-to-bearish tilt, with declining rally strength into overhead resistance. Yet the lack of follow-through selling beneath… The post Shiba Inu Burn Activity Explodes 1,726%, Yet December SHIB Trend Stays Mixed appeared on BitcoinEthereumNews.com. December presents mixed signals Potential scenarios According to Shibburn, over 35 million SHIB were burned in the last 24 hours, contributing to an increase in burn rate. A total of 35,386,697 SHIB were burned in the past day, representing a 1,726.32% rise in daily burn rate. The amount of 116,664,862 SHIB were burned in the last seven days, marking a 148.46% increase in weekly burn rate. The significant amount of SHIB sent to dead wallets has contributed to a drop in Shiba Inu’s total supply, which is now 589,246,171,323,119 SHIB. HOURLY SHIB UPDATE$SHIB Price: $0.00000799 (1hr 0.07% ▲ | 24hr 0.29% ▲ )Market Cap: $4,705,608,584 (0.29% ▲)Total Supply: 589,246,171,323,119 TOKENS BURNTPast 24Hrs: 35,386,697 (1726.32% ▲)Past 7 Days: 116,664,862 (148.46% ▲) — Shibburn (@shibburn) December 2, 2025 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. December presents mixed signals 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 Shiba Inu price 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. Potential scenarios Technical and historical trends suggest that Shiba Inu 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…
- December presents mixed signals
- Potential scenarios
According to Shibburn, 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 burn rate.
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.
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.
December presents mixed signals
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 Shiba Inu price 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.
Potential scenarios
Technical and historical trends suggest that Shiba Inu 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.
Source: https://u.today/shiba-inu-burn-activity-explodes-1726-yet-december-shib-trend-stays-mixed
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