Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Shiba Inu's Burn Rate Remains Low Despite 3 Million Token Burn

Guavy AI Editorial Team
Instruments
ETH SHIB
Share

Shiba Inu has seen significant token burning over the past day, but its burn rate remains low. According to recent data, a total of 3 million SHIB tokens were sent to a 'dead wallet' in the last 24 hours, but this move did not significantly impact the overall burn rate.

The daily burn rate for Shiba Inu is down by 15.80%, while the weekly and monthly burn rates are lower by 28.12% and 37.44%, respectively. Over the past seven days, a total of $251 worth of SHIB tokens was burned, which amounts to approximately 59.77 million SHIB.

The total number of SHIB tokens burned so far is around 410 trillion, with Ethereum creator Vitalik Buterin's massive burn in May 2021 contributing significantly to this figure.

More on Crypto

Crypto just now

Bitcoin Options Market Sees $5 Billion Cluster at $70,000-$72,000

Crypto just now

Glassnode Analysis: ETF Flows Hint at Shift in Bitcoin Sentiment

Crypto just now

Balance Stablecoin Collapses Under Oracle Attack

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy