Shiba Inu (SHIB) is showing renewed bullish momentum after a sharp recovery in on-chain activity and a major spike in its token burn rate.
After a volatile session that saw SHIB defend key support, the meme coin rallied, climbing nearly 3% on the day to trade around $0.0000078 as traders responded to aggressive efforts to cut supply.
The recovery comes as the broader crypto market begins to stabilize. The total market cap has climbed back above $3.12 trillion, Bitcoin has recovered towards $90,000 and Ethereum is trading above $3,000.
These moves give SHIB a boost as it often follows the momentum in the Ethereum ecosystem. Market sentiment has also improved, with the Crypto Fear and Greed Index rising from ‘Extreme Anxiety’ to 29.
The crypto market Relative Strength Index (RSI) has returned to around 47 after entering oversold territory, indicating increasing buying pressure and more stable prices. If the broader market continues to move higher, the ShibArmy could push SHIB into a stronger, sustained uptrend.
Source – 99Bitcoins YouTube channel
Shiba Inu Burn Surge Strengthens Bullish Supply Outlook
One of the strongest bullish signals for Shiba Inu right now comes from the aggressive deflationary mechanism. Over the past 24 hours, the ecosystem has recorded a large increase in activity, with the burning rate increasing by 2,807%.
During this period, the network permanently removed more than 18.8 million SHIB tokens from circulation, greatly amplifying efforts to reduce supply amid market volatility in early 2026.
This increase is driving a broader shift in the Shiba Inu supply structure. Although the project launched with one quadrillion tokens, the community has now permanently burned over 410 trillion SHIB.
Source – Shibburn data
As a result, the total supply is almost 589.2 trillion, while there are approximately 585.4 trillion tokens actively in circulation. The community also continues to support long-term scarcity through staking, with roughly 3.8 trillion SHIB locked as xSHIB.
These figures point to a clear long-term strategy aimed at reducing supply. In previous market cycles, high fire activity combined with strong demand often preceded large price increases.
For many analysts, the continued decline in circulating supply reinforces the bullish situation and positions SHIB to benefit from a broader return of market momentum.
Shiba Inu Price Prediction
Shiba Inu has recently entered a historically important demand zone that has led to massive rallies of up to 300% in recent cycles, with analysts pointing out that price action in this area often signals the early stages of major trend reversals.
From a technical perspective, higher time frames show a bullish reversal wedge starting to take shape, suggesting that despite trading near recent lows, history could start to repeat itself.
As of late January 2026, SHIB is showing signs of quiet accumulation: the token is down around 5% for the week, but remains higher by over 5% for the month, remaining firmly near the $0.00000750 support level.
This consolidation coincides with a sharp increase in burn rates and strengthening demand signals, cementing SHIB’s position as the second-largest meme coin by market cap and a top candidate for investors positioning themselves ahead of the next big market move.
The short-term indicators remain neutral but well-prepared, with the MACD hovering slightly above the signal line indicating a potential bullish crossover, while a flat histogram awaits confirmation of new buying momentum.
At the same time, the RSI is at a balanced 51, leaving plenty of room for upside before it becomes overbought.
On the price chart, bulls are targeting $0.00000850 as immediate resistance, followed by $0.00000900, while a breakdown below $0.00000750 risks retesting the $0.00000700 support floor.
As SHIB pushes to regain bullish momentum through scarcity and community-driven burns, smart investors in 2026 will diversify into utility-first assets that address key network bottlenecks.
Bitcoin Hyper (HYPER) stands out as the best crypto presale to buy this quarter, having already raised over $31 million during its viral funding phase.
While SHIB Shows Strength, Bitcoin Hyper Rises as a High Potential Altcoin
Rising Bitcoin prices could give Bitcoin Hyper a big boost by driving more pre-sale interest and increasing demand for $HYPER once it starts trading on exchanges.
As BTC rises, profit-taking by large investors often flows into higher-risk, higher-reward projects. In this environment, Bitcoin Hyper could attract more early-stage investors who see its potential in a future utility-focused Bitcoin ecosystem.
Over time, Bitcoin Hyper and Bitcoin will become closely linked. The project aims to expand BTC’s role beyond just a store of value, by allowing it to act as an active medium of exchange within the Layer-2 network it is building.
Every rollup needs a sequencer; the real question is how control evolves over time. Bitcoin Hyper starts simply with a single sequencer, but is designed to evolve towards distributed, neutral sequencing, anchored by Bitcoin itself.
Read the full article 👇… pic.twitter.com/c6HaL8RWpf
— Bitcoin Hyper (@BTC_Hyper2) January 28, 2026
The network supports apps built on the Solana Virtual Machine (SVM), while remaining connected to Bitcoin via a canonical bridge. Users can wrap BTC to use it within the Bitcoin Hyper ecosystem, where it powers DeFi, payments, and other applications.
When users leave, the wrapped BTC is burned and the original BTC returns to the main chain, keeping Bitcoin’s security intact. From an investment perspective, $HYPER’s potential goes beyond pre-sales. The pre-sale gives early access at a lower price before stock exchange listings.
If Bitcoin continues to rise and $HYPER hits the market, the token could attract even more capital as a higher-risk, higher-reward option, making it a prime candidate for the best altcoin to buy, especially as the ecosystem expands.
Bitcoin Hyper recommends using a good crypto wallet, such as Best Wallet, when purchasing $HYPER. The token is already appearing in Best Wallet’s ‘Upcoming Tokens’ section, making it easy for users to purchase, track and claim $HYPER once it launches.
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