Published: January 8, 2026
Shiba Inu (SHIB) captured attention in early 2026 with a massive burn rate spike exceeding 10,000% in 24 hours. Over 173 million tokens were permanently removed from circulation in a single day, reducing available supply and sparking renewed discussion about a potential price rebound after prolonged consolidation.
Shiba Inu Burn Rate Surge: Key Details
The dramatic increase stands out:
- 24-Hour Burn: 173+ million SHIB
- Rate Increase: 10,536%+ vs previous day
- Transactions: Multiple large sends to dead wallets
- Total Burned Since Launch: 410+ trillion SHIB
Circulating supply now hovers near 589 trillion, down significantly from the original quadrillion.
Current SHIB Price and Market Position
Price action remains subdued short-term:
- Current Price: ~$0.000007
- Market Cap: ~$4.1–$4.2 billion
- 24-Hour Volume: ~$95–$120 million
- Distance from ATH: Down ~85% from 2024 peak
Despite burns, immediate price reaction muted amid broader market caution.
How Token Burns Impact SHIB Supply and Price
Deflationary mechanics aim long-term:
- Reduced circulating supply increases scarcity
- Community-driven burns build holder confidence
- Historical patterns: Major burns precede rallies in bull phases
- Current Context: Steady removal supports floor during weakness
Factors Influencing SHIB Rebound Potential in 2026
Beyond burns:
- Shibarium Layer-2 adoption growth
- Staking and utility expansion
- Broader meme coin sentiment
- Macro crypto market recovery
Conclusion
The 10,000%+ burn rate surge removes meaningful SHIB supply in early 2026, reinforcing deflationary narrative amid consolidation. While short-term price impact limited, consistent burns historically support rebounds when sentiment improves. SHIB holders watch volume and ecosystem metrics for confirmation of sustained momentum.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency markets are highly volatile.
