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Shiba Inu Price Prediction: 61 Million SHIB Burned Overnight – Major Supply Shock Coming?

29.11.2025
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SHIB just surged 5% following a massive token burn, sparking fresh speculation around a potential supply shock.

Could this set the stage for a bullish Shiba Inu price prediction as momentum builds?

The second-largest meme coin has now climbed 16% in the past week, riding a broader market rebound that kicked off after a stronger-than-expected U.S. jobs report.

With sentiment turning and supply shrinking, SHIB may be gearing up for something bigger.

HOURLY SHIB UPDATE$SHIB Price: $0.00000864 (1hr 0.17% ▲ | 24hr -0.04% ▼ )
Market Cap: $5,091,883,962 (0.00% ▲)
Total Supply: 589,246,218,190,454
TOKENS BURNT
Past 24Hrs: 61,833,188 (676.38% ▲)
Past 7 Days: 114,424,622 (155.66% ▲)

— Shibburn (@shibburn) November 27, 2025

Data from Shibburn, a service that tracks how many SHIB are burned periodically, reported a 676% spike consisting of 61.8 million tokens burned in the past 24 hours alone.

Shiba Inu Price Prediction: RSI Sends Early Buy Signal After Winning Streak

The daily chart shows SHIB approaching the upper boundary of its descending price channel, a key level that could define its next move.

If the price breaks above $0.0000090, momentum may shift quickly, increasing the chances of a run toward $0.00001050.

This zone will likely test whether bulls have the conviction to reverse the current trend.

Adding strength to the setup, the Relative Strength Index (RSI) has moved above its 14-day moving average, often seen as an early sign of a potential breakout.

shiba inu price chart

On the flip side, if SHIB fails to break through this resistance and gets rejected, a retest of recent lows becomes more likely in the near term.

While SHIB gears up for a decisive move, early-stage investors are already rotating into fresh opportunities.

One of the hottest presales gaining momentum right now is Pepenode ($PEPENODE), a virtual mining project that turns crypto mining into a reward-driven game. No hardware needed.

Players launch and upgrade digital rigs to earn rewards, while every upgrade burns a portion of $PEPENODE forever.

Pepenode ($PEPENODE) Introduces a Fun Way to Mine Meme Coins

Pepenode ($PEPENODE) eliminates the need to make expensive hardware investments to mine meme coins and gamifies the whole process.

pepenode crypto presale

Players kick things off by building a virtual server and launching as many mining rigs as they want, turning their setup into a competitive income engine.

The goal is simple: climb the leaderboard and earn surprise airdrops of top meme coins like Fartcoin ($FARTCOIN) and Bonk ($BONK) along the way.

To boost their earning power, miners can reinvest using $PEPENODE to upgrade their rigs and scale their output.

Up to 70% of the tokens used for upgrades are burned permanently, cutting supply and steadily increasing scarcity.

With a staking APY of 584% and interest in the game growing fast, demand for $PEPENODE is on track to surge alongside its player base.

To buy $PEPENODE before the next price increase, simply head to the Pepenode official website and link up a compatible wallet, such as Best Wallet.

You can either swap USDT or ETH for this token or use a bank card to invest in seconds.

Visit the Official Pepenode Website Here

The post Shiba Inu Price Prediction: 61 Million SHIB Burned Overnight – Major Supply Shock Coming? appeared first on Cryptonews.

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Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

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