Dogecoin, Shiba Inu Crash 5% — Why Burns And Inflows Can’t Save Them

by | Jan 15, 2026 | General

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) both dropped roughly 5%, as DOGE’s record $18.77 million outflow shows institutions selling, while SHIB’s 72% burn rate spike proves supply reduction alone won’t save price.

DOGE Sees Largest Outflow In Months During Price Spike

Dogecoin saw $18.77 million flow out of exchanges yesterday—the biggest single-day withdrawal in months—but it happened while the price was trying to go up.

That’s a red flag. When price rises but money leaves, it means larger players are selling their positions to smaller buyers who are jumping in late. 

The buying pressure from retail isn’t strong enough to absorb the selling from institutions.

Additionally, DOGE has fallen 48% from September’s $0.27 peak and now trades below every major EMA. 

The 20-day sits at $0.13968, the 50-day at $0.14315, the 100-day at $0.15861, and the 200-day at $0.17829.

The December bounce from $0.1215 to $0.158 has already given back half its gains. 

Moreover, support at $0.12-0.13 has been tested three times since December, and chart patterns suggest the fourth test breaks it.

SHIB Burns 3 Million Tokens But Price Keeps Falling

Shiba Inu’s burn rate jumped 72.33% in the last 24 hours, removing 3.04 million SHIB tokens from circulation. Over 410 trillion tokens have been burned from the original supply.

But the price keeps dropping anyway. Token burns reduce the number of coins available, but they don’t create buying demand on their own.

SHIB has dropped 53% from August’s $0.00001785 peak. Like DOGE, it trades below all moving averages with the 200-day at $0.00001046 sitting far above current price.

The Supertrend indicator sits at $0.00000754—the last major support level before the chart breaks down completely.

The Key Levels That Matter Now

Dogecoin

  • Next support: $0.13968 (20-day moving average)
  • Critical level: $0.12 (tested three times already)
  • If that breaks: $0.10-0.11, then potentially $0.08-0.09
  • Resistance above: $0.14315 (50-day), then $0.15-0.158

Shiba Inu

  • Next support: $0.00000794 (yesterday’s low)
  • Critical level: $0.00000754 (Supertrend indicator)
  • If that breaks: $0.000007, then December low at $0.00000676, potentially $0.000005-0.000006
  • Resistance above: $0.0000085-0.000009

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