SHIB Shenanigans: Burns, Burns, and Burns Galore 🔥

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Now, let me paint you a scene, dear reader. Picture, if you will, the Shiba Inu developer team’s marketing maestro, a certain Lucie (not to be confused with Lucy Ricardo, though both are known for causing a bit of chaos in their respective spheres). She’s addressing the global SHIB army-a legion of enthusiasts who, let’s face it, have more patience than your average saint-in the aftermath of the Shibarium hack of late 2025.

“No panic. Just moving up together”

Lucie, with the calm of a cucumber in a sauna, assures the SHIB community that despite the creation of SOU NFTs (which stand for “Shib Owens You”), there’s no deviation from the original SHIB-Shibarium roadmap. SOU, you see, is merely there to track debts from the aforementioned hack and raise funds to compensate victims. Think of it as a financial Band-Aid.

In her own words: “Different paths. Same direction.” She reassures everyone that there’s “no panic” and “no rush”-SHIB and SOU are just casually strolling upwards together, like two chums on a Sunday afternoon. 🐕‍🦺

Different paths.
Same direction.

No panic.
No rush.
Just moving up together.
SHIB 🫡 SOU ( Shibarium gang)

– 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) January 18, 2026

Meanwhile, the enigmatic SHIB ambassador, Shytoshi Kusama, has been conspicuously silent for nearly two months-his last X post dates back to December 8. One might imagine him sipping tea in a zen garden, pondering the mysteries of the universe. On the other hand, Kaal Dhairya, the lead developer, published an article at the start of 2026, declaring that the SHIB team’s primary focus is now compensating victims of the Shibarium bridge exploit.

SHIB Burns Skyrocket by 3,904%

Now, let’s talk about SHIB burns-because, apparently, burning money is now a thing. Data from Shibburn reveals a jaw-dropping increase of 3,904.47% in SHIB burns over the past 24 hours. Yes, you read that correctly. Three. Thousand. Nine. Hundred. Percent.

This feat was achieved thanks to two burn transactions: 28,000,000 and 1,576,200 SHIB. The latter occurred eight hours ago, while the former was done within the past hour. The 28,000,000 SHIB transfer is the largest single transfer to an unspendable SHIB wallet in the past four days.

To date, a staggering 410,754,242,607,594 SHIB have been burned since 2021. The majority of this amount was locked away in a dead wallet by Ethereum founder Vitalik Buterin, who, let’s face it, probably didn’t want to be responsible for crashing the market with his crypto windfall.

Currently, 585,407,373,755,234 SHIB coins remain in circulation, with 3,838,383,637,171 SHIB staked on various DeFi platforms.

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2026-01-19 13:48