Image default
Ethereum

SHIB Inflows Spike—Is a 53,000% Burn Rate Enough?


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.

SHIBUSD_2026-03-07_15-41-42.png
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.

SHIBUSD_2026-03-07_14-35-11.png

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/



Source link

Related posts

XRP Price Faces Pressure – Another Dip Raises Concerns Of Extended Decline

Tokenaltcoin

BNB ousts XRP after surge fueled by utility and memecoin trading

Tokenaltcoin

Has Bitcoin Reached Its Peak? Analyst Responds, Tells What He’ll Do

Tokenaltcoin