SHIB Burn Collapses 88.07% Ahead of Crucial December Update: Details
Analysis
Price Impact
MedThe significant collapse in the shib burn rate (88.07% in 24 hours) is a negative factor, indicating reduced scarcity efforts. however, the upcoming launch of shiba inu u.s. perpetual style futures on coinbase derivatives on dec 18 is a positive development, potentially increasing liquidity and trading opportunities. the broader market sentiment, influenced by the federal reserve's anticipated rate cut on dec 10, could provide an overall bullish tailwind.
Trustworthiness
HighThe information is sourced from u.today, referencing shibburn data for burn rates and confirmed announcements regarding coinbase derivatives. these are reputable sources within the crypto space.
Price Direction
NeutralThe negative sentiment from the sharp drop in the burn rate is largely counteracted by the highly anticipated launch of shib perpetual futures on coinbase derivatives, which should increase accessibility and trading volume. the overall market optimism ahead of the fed's potential rate cut could provide some upward pressure, but immediate price action for shib is likely to be sideways as these contrasting forces balance out until the derivatives launch or fed decision.
Time Effect
ShortThe burn rate impact is immediate, while the coinbase derivatives launch is scheduled for dec 18, and the fed meeting is dec 10, making their effects imminent and relevant for the short term. longer-term impact depends on adoption of the derivatives and sustained burn rates.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Markets await Fed updates Shiba Inu U.S. perpetual style futures to go live Advertisement The Shiba Inu burn rate has collapsed 88.07% in the last 24 hours as traders are on hold ahead of a decisive week for financial markets. According to Shibburn , a lower amount of SHIB was burned in the past day than the prior, with 4,103,799 SHIB burned compared to 34,397,753 SHIB the day before. HOURLY SHIB UPDATE $SHIB Price: $0.00000843 (1hr 0.63% ▲ | 24hr -0.45% ▼ ) Market Cap: $4,963,035,261 (-0.46% ▼) Total Supply: 589,246,109,943,196 TOKENS BURNT Past hour: 1,490 (7 transactions) Past 24Hrs: 4,103,799 (-88.07% ▼) Past 7 Days: 96,746,621 (3.45% ▲) — Shibburn (@shibburn) December 8, 2025 This resulted in a drop in the daily burn rate by 88.07%. The weekly burn rate reversed into the positive, with 96,746,621 SHIB burned in the last seven days, marking a 3.45% increase. Advertisement The recent burn rate has caused a reduction in Shiba Inu's total supply, which is now 589,246,109,943,196 SHIB. HOT Stories XRP Poised for 16% Move on Triangle Breakout McGlone: Bitcoin Likely Below $84K by Year-End Shiba Inu (SHIB) Price Might Erase Zero, XRP Now Offered by Vanguard, Peter Brandt Issues $250K Bitcoin Price Prediction – Top Weekly Crypto News Crypto Market Review: Shiba Inu (SHIB) Zero Removal Is Not Far Away, Ethereum (ETH) Selling Stops, XRP Bounce Chances Skyrocket Markets await Fed updates The crypto market is slightly higher early Monday, mirroring a rise in Asian equities, ahead of a slew of central bank decisions, including a Federal Reserve meeting where markets have largely priced in a 25-basis-point rate cut. The Federal Reserve policy decision is anticipated on Dec. 10, while a Bank of England policy decision is due Dec. 18, and that of the Bank of Japan is expected on Dec. 19. Markets are expecting that the Fed will cut its key interest rate at its final meeting of the year, with traders pricing in around an 87% chance of a 25-basis-point cut when the central bank concludes its two-day meeting, according to the CME FedWatch tool. At press time, Shiba Inu was trading in green at $0.000008471, up 6% weekly. Despite crypto market gains, sentiment remains cautious, with the potential for further declines without fresh catalysts and liquidity. Shiba Inu U.S. perpetual style futures to go live On Dec. 5, 24/7 trading for all monthly altcoin futures went live on Coinbase Derivatives, allowing round-the-clock access to crypto assets, including Shiba Inu (SHIB) . It does not end there as Coinbase is set to expand support for Shiba Inu on derivatives markets. U.S. Perpetual Style Futures for Shiba Inu will launch on Dec. 18, taking its trading to the next level. #Shiba Inu (SHIB) News #Shiba Inu