Shiba Inu Token Burn Analysis Reveals Minimal Impact on Price

The Shiba Inu token burn analysis by KuCoin reveals that despite efforts to reduce the circulating supply, the price of SHIB remains stagnant. The community has been burning tokens since 2021 in an effort to increase the value of each remaining token.

According to CoinGecko data, on September 20, 2026, the price of SHIB was $0.00000549, a 93.6% drop from its October 2021 peak and 57.7% lower than a year ago.

The absolute amount burned over the past 30 days is around 476.96 million tokens, worth approximately $2,619 at current prices. This represents a mere 0.00008% of the circulating supply, which is 589.24 trillion tokens.