SHIB’s Wild 24 Hours: A 41,000% Burn Spike and an AI Gamble
Shiba Inu had one of those days that makes you double-check the numbers. The meme coin’s burn rate shot up by 41,000% in 24 hours, which sounds like a typo—but it’s not. Over 2.2 million SHIB tokens were destroyed in that window, mostly from two big burns.
But here’s the thing: that percentage is eye-popping, yet the actual amount burned is still small compared to SHIB’s total supply. Earlier in the week, a single transaction wiped out 100 million tokens, pushing the seven-day total past 111 million. So while the 24-hour spike is dramatic, it’s more about speed than scale.
Still, something’s clearly happening. And it’s probably no coincidence that this surge came right after Shytoshi Kusama, SHIB’s lead developer, finally dropped the project’s long-awaited AI whitepaper.
Kusama’s AI Vision: Big Claims, Bigger Questions
The whitepaper had been teased for months, and when it landed, the community reacted fast. Another burn rate spike followed—this time 3,615%—suggesting holders were either excited or nervous. Maybe both.
Kusama’s plan leans hard into AI, pitching a mix of centralized and decentralized systems to boost SHIB’s utility. Think gaming, content creation, and real-world applications. There’s even a line about Kusama metaphorically “time traveling” to see the future. (Classic Kusama.)
It’s a bold pivot for a coin that started as a Dogecoin rival. The question is whether it’s bold enough to work.
What’s Next for SHIB?
Right now, the market’s reacting. SHIB’s price bumped up slightly after the whitepaper release, and the burn rate spikes suggest holders are engaging—whether that’s optimism or just hedging bets isn’t clear. Analysts expect more volatility, especially if AI-driven trading tools start playing with SHIB’s liquidity.
But long term? This feels like SHIB trying to outgrow the meme coin label. The burns help with scarcity, and the AI angle could—*could*—add real utility. Then again, crypto’s full of big ideas that never quite materialize.
For now, SHIB holders are left watching two things: whether the burns keep up this erratic momentum, and whether Kusama’s AI dreams are more than just hype.
And honestly? Both could go either way.
