Shiba Inu Burn Rate Hits Multiweek Low as Network Activity Falls

Shiba Inu SHIB SHIB - $0.000006040688171 has witnessed another near-total collapse in its deflationary mechanism, the burn rate, the lowest level in weeks. In the last 24 hours, this important metric experienced a 99% crash as fewer than 500 SHIB SHIB - $0.000006040688171 were incinerated.

Source: u.today

Related symbols: SHIBUSD

2026-02-12 13:29:04 GMT.

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Price & Market Data

Price: $0.000006040688171

Volume 24h: $138,041,760.84

Market Cap: $3,559,438,539.55

Description

Shiba Inu (SHIB) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Shiba Inu has a current supply of 589,500,420,235,133.45179026 with 589,243,884,148,294.57318316 in circulation. The last known price of Shiba Inu is 0.00000599 USD and is down -0.04 over the last 24 hours. It is currently trading on 1043 active market(s) with $123,928,454.15 traded over the last 24 hours. More information can be found at https://shibatoken.com/.