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Shiba Inu burns 4.99M tokens but burn rate remains stagnant amid mixed market signals.

Protocol Fundamentals
13 Jun 2026
UToday
View Source
Neutral
pluang ai news

Shiba Inu burned 4.99 million tokens in the last 24 hours, but the burn rate only increased by 20.86%, showing little movement. Over the past week, 17.32 million SHIB were burned, with the weekly burn rate actually falling by 14.42%, reflecting weak market sentiment and a crypto Fear and Greed Index stuck in the fear zone. Despite a recent price recovery to $0.000004971, trading volumes and futures activity suggest cautious market behavior. Notably, Shiba Inu's lead ambassador returned to social media, and the token was added to a major Japanese marketplace, indicating potential future interest.

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