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CoinDesk1 min read
1,305,818 SHIB Awaits Burning as Community Anticipates Next Move
TL;DR
1,305,818 SHIB tokens are awaiting burning as the community anticipates the next move. In the last 24 hours, over 1 million tokens were sent to dead wallets, marking a significant drop in the daily burn rate.
Key points
- 1,305,818 SHIB tokens await burning
- 1,040,871 SHIB burned in the last 24 hours
- 41.08% of initial supply sent to dead wallets
- 10,718 new SHIB holders added in one day
- Total of 51,669,707 SHIB burned in the last week
As seen on the Shibburn website, 1,305,818 SHIB lies in the community pool, as over a million tokens were sent to dead wallets since the past day.
In the last 24 hours, 1,040,871 SHIB tokens were burned according to Shibburn. This adds up to a total of 51,669,707 SHIB burned in the last seven days and 208,429,367 SHIB in the last 30 days.
The burning of the initial 1 quadrillion SHIB supply is progressing, with 41.08% now sent to dead wallets. The last 24 hours, however, saw a 90.19% drop in daily burn rate, but weekly burn activity was up 3.34%.
Shiba Inu crosses 1.5 million holders
Shiba Inu recently saw one of the largest increases in new addresses. SHIB has reached 1,585,193 on-chain holders, adding 10,718 holders in a single day. X account Etherscan SHIB noted that the 10,718 holders added represent the largest increase in a single day so far in 2026.
At the time of writing, SHIB was up 0.65% in the last 24 hours to $0.00000619 and up 2.29% weekly. Crypto volatility cooled over the weekend, with price action staying muted across various digital assets, including Shiba Inu.
SHIB community anticipates
Shiba Inu lead ambassador Shytoshi Kusama held his much-awaited discussion with the community on Saturday, which delved much into spiritual mysteries.
Kusama continues to stay active on X and has updated his bio shortly after the broadcast to reflect more insights to be discussed soon.
His bio now reads, "Answer:Nunca. Focus: APP: R.OS More to discuss soon. Thanks to my small group of listeners. The wicked will do wickedly; But the wise shall understand."
The Shiba Inu community continues to anticipate, as Kusama had previously given subtle hints about upcoming developments through his X location and bio updates.
As reported, the Shiba Inu lead ambassador updated his X location to "wiring features & counting down" which remains the same at the time of writing.
Q&A
How many SHIB tokens were burned in the last 24 hours?
In the last 24 hours, 1,040,871 SHIB tokens were burned.
What percentage of the initial SHIB supply has been burned?
41.08% of the initial 1 quadrillion SHIB supply has been sent to dead wallets.
How many new SHIB holders were added recently?
Shiba Inu added 10,718 new holders in a single day, reaching a total of 1,585,193 holders.
