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 $0.00001050. This zone will likely test whether bulls have the conviction to reverse the current trend. Adding strength to the setup, the Relative Strength Index (RSI) has moved above its 14-day moving average, often seen as an early sign of a potential breakout. On the flip side, if SHIB fails to break through this resistance and gets rejected, a retest of recent lows becomes more likely in the near term. While SHIB gears up for a decisive move, early-stage investors are already rotating into fresh opportunities. One of the hottest presales gaining momentum right now is Pepenode ($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 ($PEPENODE) eliminates the need to make expensive hardware investments to mine meme coins and gamifies the whole process. Players kick things off by building a virtual server and launching as many mining rigs as they want, turning their setup into a competitive income engine. The goal is simple: climb the leaderboard and earn surprise airdrops of top meme coins like Fartcoin ($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 .
