Shiba Inu (SHIB) Deflation Spikes 5,223% in a Day, Hundreds of Millions of Tokens Gone Forever

Cover image via depositphotos.com 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. While the crypto market is discussing Shiba Inu's (SHIB) sudden daily price surge of nearly 40% , another record has been set inside the ecosystem itself — an abnormal deflationary wave. Over the past 24 hours, the meme coin's burn rate posted a vertical spike of 5,223.98%, permanently destroying 401,219,021 tokens, according to SHIBBurn portal. Advertisement Such aggressive pressure completely rewrote the weekly statistics, which had previously looked rather sleepy. Over the past seven days, the burn rate increased by 816.02%, removing 457,511,537 SHIB from circulation. Decoding SHIB's 5,223% overnight burn rate spike Comparing these figures reveals some amusing math, as almost the entire weekly burn volume went up in smoke during the past 24 hours alone. Most interestingly, the conveyor belt is not stopping for even a minute. Just one transaction over the past hour sent another 34,738,227 tokens to a burn address. HOT Stories Shiba Inu (SHIB) Enters Top 25 as $3.3 Billion Prediction Comes True; Hyperliquid Whales Bullish on XRP; AI Agents Opt for Bitcoin on Jack Dorsey's Slack Rival - Morning Crypto Report Top 10 Crypto Exchange by Trading Volume Suddenly Shuts Down At the same time, complete madness was unfolding on exchanges. SHIB recorded a net daily gain of 27.14%, although at the peak of the excitement, the price jumped by as much as 36%. Advertisement Shiba Inu (SHIB) price 40% surge on intraday chart with burn rate timestamp, Source: TradingView As a result, SHIB settled at $0.00000540 . Supported by a massive trading volume of $700 million, its market capitalization climbed to $3,179,718,980, bringing the asset back to around 25th place in CoinMarketCap's global rankings. However, it is important to apply cold calculation here and not confuse cause with effect. The hundreds of millions of burned tokens are physically incapable of moving the coin's price. They represent a microscopic drop in an endless ocean, as SHIB's total supply still stands at an astronomical 589,159,143,761,521 tokens. You Might Also Like Sun, 07/26/2026 - 13:30 'Momentum Building': Shiba Inu Veteran Reacts to 40% SHIB Price Surge By Tomiwabold Olajide Advertisement The real mechanism works in the opposite direction. It was the powerful spike in spot market trading activity that drove higher volumes and the accompanying transactions. Nevertheless, the impressive and intimidating figure of 5,223% acted as an extremely powerful psychological factor for holders. The market's attention is now focused on SHIB's price behavior across spot exchanges and whether the current momentum can be sustained by new buyers or mass profit-taking will push the price back down to the low $0.0000040s. #Shiba Inu (SHIB) News #Shiba Inu