Corgi burn rate decreased by 90%, will the price of SHIB experience a sudden change in 2025?

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Despite the existence of this mechanism, as of now, the impact of the destruction action on the price of SHIB seems limited. Whale trading is like a double-edged sword - it can both drive short-term speculative price increases and exacerbate adjustment pressure.
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The burn rate of Shiba Inu Coin (SHIB) has recently fluctuated significantly. In the past 24 hours, the burn rate has suddenly dropped by 90.69%, attracting market attention.
Token burning is usually a deflationary mechanism aimed at increasing scarcity by reducing the supply, theoretically boosting the demand for the token. However, despite the existence of this mechanism, the burning action seems to have limited impact on the price of SHIB so far.
As 2025 approaches, the market's attention is gradually shifting to whether persistent value growth can be achieved through measures such as burning and whale trading, or if the broader market environment of BNB2605 will continue to overshadow these efforts.
Changes in the destruction rate
The burn rate refers to the speed at which tokens are permanently removed from the circulation market, and this mechanism helps to reduce the total supply to some extent. In theory, the decrease in supply should drive up demand, but recent data has shown a different situation.
In the past 24 hours, a total of 506,465 SHIB tokens have been burned, a sharp decrease of 90.69% compared to the previous burning amount. This change reflects a sudden slowdown in burning activity, especially considering that just 10 hours ago, the burning amount saw a significant increase of 578%.
However, despite a decrease in the amount of destruction in the short term, the destruction data in the past week has shown a small increase, reaching 65.19 million SHIB tokens, an increase of 4.5% compared to the same period. This indicates that although the destruction rate has slowed down in the short term, the community's efforts to reduce supply are still ongoing.
Price Trends and Market Sentiment
In terms of price, SHIB has been struggling to maintain the November high. Currently, the trading price of Shiba Inu coin is $0.00002167, although it has risen by 1.69% in the past day, the overall market sentiment is still relatively low. The Relative Strength Index (RSI) of the token is showing a downward trend, indicating a bearish market sentiment.
In addition, according to the On-Balance Volume (OBV) indicator, market demand is stagnant, and the decrease in trading volume indicates a decline in the participation of retail investors.
Although the burning event is a means to reduce the supply of SHIB, the direct correlation between the burning measures and the price is still unclear from the current market performance, and the overall market environment is still an important factor affecting the price fluctuations of SHIB.

Source: TradingView
Shiba Inu Whale Event
It is worth noting that Whale Trading plays an important role in shaping the market activities of Shiba Inu.
AMBCrypto's analysis of Santiment data shows that whale activity surged significantly during key price increases in October and November 2024, indicating a direct correlation between large transactions and the momentum of SHIB.

Source: Santiment
Interestingly, the latest data shows that whale trading activity remains very active. The trading volume above $100,000 continues to be around 938,000 transactions, demonstrating the continued interest of well-funded investors in SHIB.
This type of trading activity not only enhances market liquidity but also brings greater volatility, as large-scale sell-offs may limit the room for price recovery. From the perspective of the destruction mechanism, whale trading is like a double-edged sword - it can drive short-term speculative price increases and exacerbate adjustment pressure.
The phenomenon is crucial for the short-term development trajectory of SHIB in 2025. Despite the increase in whale activities and burning plans, they have failed to drive prices significantly higher. The fundamental reason for this phenomenon is that the uncertainty of the macro economy still affects investor sentiment.
The price fluctuation of SHIB depends on the burning mechanism and whale-guided liquidity, but the lack of broader application and value support limits its upward potential. Therefore, after entering 2025, the performance of SHIB will continue to be constrained by these factors.
To change the current downward trend and achieve sustainable growth next year, the construction of the network and the popularization of the ecosystem will be key. #荣誉积分新年抽奖，赢Macbook、周边好礼