The post Shiba Inu Burn Rate Sees First Drop in 2026, but 3,777,885 SHIB Gone appeared on BitcoinEthereumNews.com.

Shiba Inu is seeing its first burn rate drop in 2026. According to Shibburn, the Shiba Inu burn rate is down 97.83% in the last 24 hours, marking its first drop in the new year 2026. The new year kicked off with a surge in Shiba Inu metrics: the burn rate increased by over 12,000%, Shiba Inu’s price saw a sharp rise, and open interest rose as much as 20% to outperform most major cryptocurrencies. The reverse is seen in the last 24 hours, with the Shiba Inu burn rate dropping 97.83%, compared to the prior day when 173,007,224 SHIB were burned, resulting in a 12,025.45% increase in burn rate. Despite the drop in the last 24 hours, 3,777,885 SHIB were burned, according to Shibburn. The amount of SHIB in the last seven days was higher, resulting in a positive increase in weekly burn rate. HOURLY SHIB UPDATE$SHIB Price: $0.00000738 (1hr -0.16% ▼ | 24hr 6.78% ▲ )Market Cap: $4,348,105,593 (6.74% ▲)Total Supply: 589,245,844,366,624 TOKENS BURNTPast hour: 0 (1 transaction) Past 24Hrs: 3,777,885 (-97.83% ▼)Past 7 Days: 195,169,543 (533.27% ▲) — Shibburn (@shibburn) January 2, 2026 According to Shibburn, 193,830,385 SHIB were burned in the last seven days, representing a 502.42% surge in weekly burn rate. The recent burns have lowered Shiba Inu’s total supply, which is now 589,245,844,288,847 SHIB. SHIB begins 2026 on strong note Shiba Inu saw a solid start to 2026 as its price saw a sharp increase on 2026’s first day. SHIB’s price rose from $0.00000688 to $0.00000751 on Jan. 1, posting a large green candlestick and reversing a three-day drop from a high of $0.00000756 on Dec. 29. The rise continued early Friday with Shiba Inu reaching $0.00000765, last seen Dec. 17. At the time of writing, SHIB was up 7.35% to $0.000007523 and 4.51%…

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Filed under: News - @ January 2, 2026 3:22 pm