Shiba Inu Goes Kaboom! 1,090% Burn Rate Sparks Market Meltdown, Send in the Clowns! 🤡

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Well folks, hold onto your hats because in the last 24 hours, the crypto rollercoaster decided to take a nosedive-Shiba Inu‘s doing its best impression of a sinking ship, all in red. And wouldn’t you know it, amidst the chaos, millions of SHIB went on a lovely trip to the great digital dead pool-thanks, burn trackers! 🎯

According to some smarty-pants at Shibburn, a whopping 17,290,166 SHIB vanished into the abyss-an eye-popping 1090.34% increase in burn rate! That’s more than we burn on Thanksgiving-literally! And if you think that’s wild, over the past week, a mere 227,892,499 SHIB got burned, but that’s down 64.48% from last week-talk about inconsistency, right? 🤷‍♂️

HOURLY SHIB UPDATE $SHIB Price: $0.00000872 (1hr 0.50% ▲ | 24hr -3.48% ▼)
Market Cap: $5,137,140,734 (-3.52% ▼)
Total Supply: 589,246,333,929,024

TOKENS BURNT
Past hour: 235,767 (1 transaction)
Past 24Hrs: 17,290,166 (1090.34% ▲)
Past 7 Days: 227,892,499 (-64.48% ▼)

– Shibburn (@shibburn) November 18, 2025

At this point, SHIB is down 3.47% in just 24 hours-so much for the 11th of November’s high of $0.00001026. Seems like Shiba Inu’s got the ‘blue Monday’ blues, losing six out of seven days, bottoming out at $0.00000845. Yikes!

Crypto market chaos: Not even the clown can fix this circus 🎪

Meanwhile, the entire crypto circus is in meltdown mode, with Bitcoin slipping below $90,000-first time since April, folks! The grand month-long slide wiped out all those shiny gains for 2025, making traders prettier than a banana peel in the rain-very bearish indeed.

This market crash? Oh, just a delightful cocktail of economic headwinds, renewed worries about interest rates, and overleveraging galore. Traders are shrugging off the Fed’s potential December rate cuts, and with stock markets tumbling from their recent high fives, risk appetite is drier than a dry martini. Sorry, no fancy drinks-just pain. 🍸

What’s the damage? Over $1.03 billion liquidated in the last day-have a sip of that! – with $726.52 million longs and $308.22 million shorts, according to CoinGlass. And many altcoins? Yeah, reaching multi-month lows-more like multi-mourning lows.

Thanks to an early October selloff, over $19 billion got liquidated, and a trillion dollars vanished faster than your paycheck after a weekend getaway. Bitfinex analysts are betting prices are playing hide-and-seek at some bottom, waiting for short-term panic to settle. Looks like the crypto roller coaster is just getting started-grab your popcorn! 🍿

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2025-11-18 15:36