Shiba Inu started 2026 strong despite the first drop in its burn rate of the year. In the last 24 hours, the token burn fell by 97.83%, although 3,777,885 coins were removed.
On a weekly basis, the burn remains consistent: 193,830,385 SHIB were burned, a 502% increase compared to the previous week. This reduced the total supply to 589,245,844,288,847 SHIB, reinforcing the token’s scarcity dynamics.
The price responded positively to network activity: SHIB trades at $0.000007523, up 7.35% in the last 24 hours and 4.51% for the week, while trading volume rose 35%, surpassing $134 million. The memecoin appears positioned for the next bullish move, with key resistance at $0.000008 and $0.000011 and support at $0.000007.
SHIB developer Kaal Dhairya stated that in 2026 the focus will be on consolidation and sustainable development, prioritizing repair, focus, and building long-lasting projects for the community.
