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Home Blockchain

SHIB Burn Rate Spikes 41,000% After Kusama’s AI Whitepaper Release

by DigestWire member
July 21, 2025
in Blockchain, Crypto Market, Cryptocurrency
0
SHIB Burn Rate Spikes 41,000% After Kusama’s AI Whitepaper Release
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Shiba Inu News

The post SHIB Burn Rate Spikes 41,000% After Kusama’s AI Whitepaper Release appeared first on Coinpedia Fintech News

Shiba Inu just delivered a double surprise, which was a sudden spike in its burn rate, and the long-awaited release of its AI whitepaper by lead developer Shytoshi Kusama. 

Together, they’ve sparked fresh momentum for the meme coin that’s been quietly reshaping its identity behind the scenes.

Here’s what you need to know. 

41,000% Burn Rate Spike – But Not What It Seems

According to data from Shibburn, SHIB’s burn rate surged 41,016% in just 24 hours. On the surface, that sounds massive, and it is, but here’s the catch: the actual amount of SHIB destroyed was around 2.26 million tokens. That’s a big jump in activity, but a relatively small burn by volume.

The two largest burns in this period, 1 million SHIB and 850,808 SHIB, made up most of it. In comparison, the weekly total burn stands at over 111 million SHIB, largely thanks to one big transaction that wiped out 100 million tokens in a single go.

So while the daily burn spike grabbed headlines, it’s the weekly action that shows the real impact.

HOURLY SHIB UPDATE$SHIB Price: $0.00001582 (1hr 1.13% ▲ | 24hr 5.13% ▲ )
Market Cap: $9,331,520,879 (5.07% ▲)
Total Supply: 589,248,590,765,782

TOKENS BURNT
Past hour: 69,420 (1 transaction)
Past 24Hrs: 2,265,904 (41016.02% ▲)
Past 7 Days: 111,334,233 (-89.53% ▼)

— Shibburn (@shibburn) July 21, 2025

Shiba Inu’s AI Whitepaper Finally Drops

Over the weekend, Kusama released the long-awaited SHIB AI whitepaper, a document the community has been waiting on for months. 

Soon after the whitepaper was published, SHIB’s burn rate jumped again, this time by 3,615%, suggesting strong community reaction. 

Taking my time to go through the Shytoshi AI paper.
AI has always been close to my heart—just like art, film, and storytelling.

Let’s see where this leads.

A new season in Days of our SHIB… or maybe a whole new show? SHIB CITY – The AI utopia 😁

The @ShyOnSol_ prequel looks…

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) July 18, 2025

In the whitepaper, Kusama lays out Shiba Inu’s AI ambitions: building a system that combines centralized and decentralized AI to boost community engagement and expand the SHIB ecosystem. Gaming, content creation, and real-world use cases are all part of the plan.

And in typical Kusama style, the paper leans into bold language. He even claims, metaphorically, to have “traveled in time” and seen the future himself.

  • Also Read :
  •   Coinpedia Digest: This Week’s Crypto News Highlights | 19 July, 2025
  •   ,

What This Means for SHIB Holders

Big picture – Shiba Inu is no longer positioning itself as just a meme coin. The AI whitepaper marks a clear pivot, with real goals and utility-focused plans. The sharp rise in burn activity, both before and after the announcement, shows the community is paying attention.

Analysts say the AI angle could lead to more market volatility in the short term, especially as automated strategies kick in. But long term, this could give SHIB the edge it needs to stand out in a crowded space.

For now, SHIB holders will be watching two things: the burn numbers and whether this AI vision can actually deliver.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

What is Shiba Inu’s new AI whitepaper about?

The SHIB AI whitepaper outlines plans to merge decentralized AI with gaming, content, and real-world utility.

How did the SHIB community react to the AI whitepaper?

After the AI whitepaper release, SHIB’s burn rate spiked again by 3,615%, showing strong community engagement.

How high will Shiba Inu go in 2025?

By 2025, our price prediction forecasts that the Shiba coin price could be worth $0.00006392. With a potential surge, the price may go as high as $0.000321 by 2030.

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