Shiba Inu (SHIB) saw its daily token burn rate fall sharply by 91.31% on September 28, with about 338,050 tokens removed compared to nearly 3.9 million previously. This decline coincided with SHIB pulling back from resistance near $0.0000060-$0.0000062, closing the day at $0.00000566. While token burns have been a key scarcity factor supporting SHIB's price, their short-term impact is limited due to the vast circulating supply. The price now rests near a critical support zone around $0.0000056, and further downside could test levels near $0.0000051. The burn rate drop raises uncertainty about whether SHIB can regain momentum without the supply-reduction narrative that helped its recent recovery.
Shiba Inu trades at Rp0.105 on Pluang as of Sep 29, 2026 17:22 WIB, showing a 3.57% gain in the past day. Despite the sharp 91.31% drop in its daily token burn rate reported on September 28, SHIB maintains a market cap of Rp61.23 trillion and a 24-hour trading volume of Rp1.74 trillion. The token's circulating supply stands at 589.2 trillion, with Pluang users currently placing 59% of orders to buy and holding their positions for an average of 105 days. This trading activity highlights ongoing investor interest even as the burn rate decline raises questions about SHIB's momentum.
Shiba Inu (SHIB) added 1,235 new holders on Ethereum in one day, bringing the total close to 1.7 million. This growth comes ahead of October, historically a strong month for SHIB with past gains up to 833%. Despite the rise in holders, SHIB's price d...
On September 28, 2026, Shiba Inu (SHIB) price fell 6% to $0.0000056 despite burning nearly 477 million tokens in 30 days, which is only 0.000081% of the total supply and too small to impact price. The Shibarium layer 2 blockchain is still undergoing ...
Shiba Inu (SHIB) saw 1 billion tokens burned in 24 hours, but rising inflows to exchanges suggest increased selling pressure. Despite some outflows, the net flow remains negative, indicating more tokens are being deposited than withdrawn. SHIB's pric...
Shiba Inu's on-chain holders have reached 1,693,365, approaching the 1.7 million milestone as adoption grows rapidly in September. Despite recent price volatility, the meme token added 1,235 new holders in the last 24 hours and nearly 9,000 throughou...
Shiba Inu's exchange reserves have surged close to 88 trillion tokens, signaling increased selling pressure and a bearish market sentiment. This rise in tokens held on exchanges indicates fewer buyers and more sellers, which has stalled the recent pr...
