Shiba Inu Coin Burn Spiked 237% and the Price Didn't Move, Why SHIB Traders Are Buying MemeToro AI Instead

Shiba Inu's burn activity surged 237%, yet the token's price remained largely unchanged, underscoring a disconnect between supply reduction and immediate market response. On-chain data show burn events removing millions of SHIB tokens to unrecoverable wallets, while about 585 trillion SHIB remained in circulation. This limited price reaction has fed debate as investors pivot toward AI narratives and new projects like MemeToro, an AI-powered ecosystem gaining traction. AI-focused narratives are gaining traction as investors recalibrate priorities in 2026. The divergence highlights that burn activity alone may not drive immediate demand in a crowded crypto landscape. Trading remains range-bound for SHIB around 0.0000045–0.0000049 dollars, with resistance near the 0.00000494 pivot. Investors are increasingly turning toward AI narratives such as MemeToro ($MT), which offers market intelligence, prediction tools and token creation infrastructure. The shift reflects a broader move in crypto toward AI-enabled ecosystems rather than meme-based themes.