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Shiba Inu burn rate drops 100%, with no tokens burned in 24 hours, signaling rare pause in activity.

Protocol Fundamentals
09 Oct 2026
UToday
View Source
Bearish
Shiba Inu burn rate drops 100%, with no tokens burned in 24 hours, signaling rare pause in activity.

Shiba Inu experienced a rare halt in its token-burning activity, with zero SHIB tokens burned over a 24-hour period, marking a 100% collapse in the burn rate. This contrasts sharply with the previous day when over 91 million SHIB were burned. The pause does not indicate a technical issue but reflects normal fluctuations in community participation and transaction volumes. Meanwhile, SHIB's price fell slightly amid broader crypto market declines influenced by expectations of further Fed rate hikes.

Despite the halt in SHIB token burning noted in the news, Shiba Inu's price on Pluang has risen by 3.45% to Rp0,096 as of Oct 09, 2026 22:33 WIB. This price movement contrasts with the zero burn rate but aligns with a strong market interest, reflected in a 61% buy order activity and a substantial 24-hour trading volume of Rp1,41 trillion. The circulating supply remains high at 589.2 trillion SHIB, indicating ample availability despite the burn pause.

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