SHIB Inflows Spike—Is a 53,000% Burn Rate Enough?
The post SHIB Inflows Spike—Is a 53,000% Burn Rate Enough? appeared on BitcoinEthereumNews.com.
The meme coin sector is feeling the heat in March 2026. Shiba Inu ($SHIB) is currently trading near $0.0000055, down over 8% in the last seven days. Despite a headline-grabbing 53,000% spike in the burn rate, the price has failed to react positively. Shiba Inu price in USD Is Shiba Inu Price Down? Despite the massive burns, SHIB is struggling to find a floor. Users are increasingly looking toward exchange inflow data to gauge if a “capitulation event” is near or if the current support at $0.00000545 will hold. Why SHIB is Down: Geopolitical Volatility and Risk Appetite The “Second Iran War” has effectively sucked the oxygen out of the “alt-speculation” market. High-risk assets like SHIB are often the first to be liquidated when military conflict escalates, as seen with the recent transfer of 157 billion tokens to exchanges. However, a contrarian “war-liquidity” thesis suggests that if the conflict forces a massive expansion of the US money supply to fund military operations, the resulting dollar devaluation could eventually benefit fixed-supply or “deflationary” meme coins. For now, however, the “risk-off” mood dominates, and SHIB remains a casualty of global instability. Shiba Inu Price Prediction: Will SHIB Coin Recover? In the last 24 hours, the surge in “exchange inflow” signals a clear intent to sell. If the broader market continues its sideways chop, SHIB may retest the “danger zone” at $0.00000530. The long-term hope rests on Shibarium adoption, which must provide enough utility to offset the current macro-driven sell pressure. Crucial SHIB Levels Level Type Price Point Immediate Resistance $0.00000650 Pivot Support $0.00000545 Critical Bottom $0.00000500 Source: https://cryptoticker.io/en/shiba-inu-shib-price-prediction-march-2026/
Filed under: News - @ March 7, 2026 7:02 pm