1,305,818 SHIB Awaits Burning as Community Anticipates Next Move
Analysis
Price Impact
LowWhile the burning of tokens is a positive sentiment driver for shib, the amount burned in the last 24 hours is relatively small compared to the total supply. the recent increase in holders is also a positive sign, but the overall market sentiment and broader crypto trends will likely have a more significant impact on shib's price.
Trustworthiness
MedPrice Direction
NeutralThe article mentions shib is up slightly in the last 24 hours and weekly, but also notes muted price action across digital assets. the burning rate saw a significant daily drop, which could temper immediate bullish sentiment, while the increase in holders is a long-term positive. the lead ambassador's communications are too vague to predict a clear price direction.
Time Effect
ShortThe burn rate data is focused on the last 24 hours and last seven/thirty days. the holder increase is also reported for a single day. while community anticipation for future developments exists, the direct price impact from this specific news is likely to be short-lived unless more concrete announcements are made.
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Shiba Inu crosses 1.5 million holders SHIB community anticipates Advertisement 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%. HOT Stories Satoshi's Final Bitcoin Advice Turns 15 Years; Attack on Litecoin: Was It an Inside Job? Top Devs Weigh In; Dogecoin Targets $0.1 Resistance with 30% Upside Expected - Morning Crypto Report Ripple CEO Wins Prestigious Harvard Business Award 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. Advertisement You Might Also Like Mon, 04/06/2026 - 09:39 Top 24-Hour SHIB Burners' List Revealed; Some Names May Surprise You By Yuri Molchan 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. Advertisement Kusama continues to stay active on X and has updated his bio shortly after the broadcast to reflect more insights to be discussed soon. card 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. #Shiba Inu (SHIB) News #Shiba Inu