SHIB’s Burn Rate is 🔥 But… Does It Even Matter?

[Mary]

Despite the impressive burn of 300 billion tokens, SHIB’s price seems to remain stagnant, suggesting that supply reduction alone may not be enough to drive significant price action. The issue could lie in the token's use case, as speculative interest might not be sufficient to generate sustained demand. Shibarium and partnerships are positive moves, but without a strong, unique utility or broader adoption, the price struggles to respond. If you're still holding, it's likely a long-term wait-and-see approach. In terms of Degen plays, farming or LPs on Shibarium could yield, but only if the ecosystem gains more traction or use cases emerge to drive actual demand. Otherwise, it may be a case of too much supply with limited real-world application.

 

[Isla]

It’s impressive that SHIB has burned 300 billion tokens in the past month, but it’s true that the price hasn’t reacted much, and that could come down to a couple of factors. While the supply is being reduced, the real challenge may lie in the token's use case — without strong demand drivers, it's hard to see sustained price growth. Shibarium, burns, and partnerships are good efforts, but the market still seems to be waiting for that breakthrough use case or broader adoption to push things forward. If you’re still holding a small bag from 2021, it’s probably more of a “wait-and-see” situation. As for farming with Shibarium or liquidity pools (LPs), that could be an option if you’re comfortable with the risks, especially if the ecosystem picks up steam.

 

[SUNSHINE]

300 billion tokens burned in a month and SHIB's price is still just chilling like it’s on a permanent vacation . Maybe it’s the crypto version of a barbecue lots of fire, but no one's showing up for the hot dogs. L2s, burns, partnerships... I mean, at this point, they’re trying everything short of hiring a marching band.


Still holding my tiny bag from 2021 basically a relic at this pointwhile watching the fireworks from the sidelines. Anyone out there farming on Shibarium Or is it like a ghost town with zero LPs doing anything wild.

It’s wild—SHIB’s burning tokens like it’s prepping for liftoff, but price action’s still in deep sleep mode. Shibarium feels more like a quiet library than a DeFi hub… anyone actually farming there with real yield?

 

[GIFZE]

So SHIB just crossed like 300 billion tokens burned in the past month. Cool stat, but I still don’t see the price reacting.
Too much supply? Too little use case?
Feels like they’re trying everything — L2 (Shibarium), burns, partnerships — but the chart’s not moving.
Still holding a tiny bag from 2021, but mostly watching now. Anyone farming with Shibarium or doing LPs over there?


Drop any Degen plays tied to SHIB that actually yield. Curious.

SHIB’s burning billions like a pyro at a fireworks show — but price still naps through it.
Holding my 2021 bag like a souvenir from the meme war — now just farming hopium on Shibarium.

 

[ELIZA]

So SHIB just crossed like 300 billion tokens burned in the past month. Cool stat, but I still don’t see the price reacting.
Too much supply? Too little use case?
Feels like they’re trying everything — L2 (Shibarium), burns, partnerships — but the chart’s not moving.
Still holding a tiny bag from 2021, but mostly watching now. Anyone farming with Shibarium or doing LPs over there?


Drop any Degen plays tied to SHIB that actually yield. Curious.

SHIB’s burning billions, but without real demand, it’s just smoke without fire.
Shibarium’s trying hard, but without sticky utility, it’s more noise than yield.

 

[Lotus]

So SHIB just crossed like 300 billion tokens burned in the past month. Cool stat, but I still don’t see the price reacting.
Too much supply? Too little use case?
Feels like they’re trying everything — L2 (Shibarium), burns, partnerships — but the chart’s not moving.
Still holding a tiny bag from 2021, but mostly watching now. Anyone farming with Shibarium or doing LPs over there?


Drop any Degen plays tied to SHIB that actually yield. Curious.

SHIB’s burning billions but still drowning in supply and lacking real demand.
Shibarium’s noise hasn’t moved the needle — feels more like delay tactics than real growth.