The mighty Shiba Inu, a digital dog with more swagger than a Hollywood Chihuahua, is trading near $0.00001220. Down 3% this week? Pfft, that’s just the universe preparing for a *massive* comeback! Analysts whisper of a 17x surge-because who needs sanity when you can have crypto dreams? 🐕💸
Why the optimism? Because someone decided to torch 6,260% of SHIB in 24 hours! Imagine burning the Library of Congress and calling it a “supply adjustment.” According to Shibburn, 4.55 million SHIB tokens were “permanently destroyed” (read: vaporized by a crypto dragon). 🔥
Since launch, over 410.75 trillion SHIB have been burned. That’s enough to make a mathematician cry and a economist question their life choices. The circulating supply? A paltry 589.24 trillion tokens. You’re welcome, future! 🙌
HOURLY SHIB UPDATE$SHIB Price: $0.00001221 (1hr -0.02% ▼ | 24hr -1.48% ▼ ) Market Cap: $7,198,389,042 (-1.56% ▼) Total Supply: 589,247,727,081,577
TOKENS BURNT Past 24Hrs: 4,559,620 (201207.73% ▲) Past 7 Days: 6,445,248 (16.16% ▲)
– Shibburn (@shibburn) September 4, 2025
A sudden spike in SHIB burn rate? That’s just the universe saying, “Hey, let’s make this coin worth more than a bag of kibble!” Basic economics: shrink supply, inflate value. Unless you’re a meme coin, in which case, economics is just a suggestion. 🤷♂️
SHIB’s market cap? $7.2 billion. Trading volume? Down 15% to $152 million. But hey, who needs volume when you have a “burn rate” that could melt the Arctic ice cap? 🌍🔥
Imminent SHIB Price Breakout Ahead? Well, if your chart looks like a spider’s web after a caffeine overdose, then yes! The symmetrical triangle pattern since July is basically a cosmic traffic jam. Breakout? That’s just the traffic light turning green. 🚦
SHIB daily price chart with symmetrical triangle pattern. | Source: TradingView
If SHIB breaks $0.0000130, the next targets are $0.0000150 and $0.0000200. That’s like saying, “Hey, maybe this dog can fly!” Popular analyst CryptoELITES is betting on a parabolic rally-17x surge, baby! 🚀
SHIBA Target: 17x#SHIB $SHIB #Shib $Shib
– CryptoELlTES (@CryptooELITES) September 3, 2025
The 4-hour chart? Bollinger Bands are tighter than a bank vault. RSI is in neutral, which means the market is basically flipping a coin. Heads, you win; tails, you’re broke. 🪙
SHIB 4-hour price chart with the RSI and Bollinger Bands. | Source: TradingView
MACD indicator is narrowing like a grandma’s hug. Momentum shift? That’s just the market saying, “Surprise!” Watch support levels at $0.0000120 and $0.0000115. Because nothing says “confidence” like clinging to a number like it’s your last meal. 🍔
SHIB 4-hour price chart with the MACD. | Source: TradingView
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2025-09-04 17:21