SHIB Burn Rate Drops 97% in 2026 but Price and Volume Send Mixed Signals
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 02 2026- Sharp Decline in Burn Rate: SHIB's burn rate plummeted by 97.83% over the last 24 hours, with only 3,777,885 SHIB burned, creating uncertainty around short-term supply pressure, despite a previous surge of over 173,000,000 SHIB burned in a single day that had briefly spiked the burn rate by over 12,000%.
- Strong Weekly Burn Data: Despite the significant daily decline, a total of 193,830,385 SHIB were burned over the past week, representing a 502.42% increase compared to the previous period, indicating that long-term supply reduction efforts remain intact despite daily volatility.
- Price and Volume Rebound: SHIB's price rebounded from $0.00000688 to $0.00000751, reflecting a 7.35% daily increase, while trading volume surged by 35.17% to $134,000,000, indicating active trader participation despite the slowdown in burn activity.
- Complex Market Sentiment: SHIB developer Kaal Dhairya emphasized a focus on rebuilding and long-term sustainability rather than speculative momentum, reflecting mixed signals across key indicators for SHIB's early 2026 performance, with weakened burn rates but strong price action.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
