Currently, Shibburn data reports that the total number of SHIB tokens burnt since inception is over 410.7 trillion, leaving approximately 589.2 trillion remaining out of the original maximum supply of over 999.9 trillion.
The analyst noted that SHIB is showing signs of strong upward momentum. According to the shared chart, SHIB has been forming a clear accumulation base between $0.000007 and $0.000014. This zone, which previously acted as a launchpad for the meme coin’s explosive rallies in 2021 and 2023, is once again highlighting strength as SHIB aims for a 147% increase to $0.000035.