# Shiba Inu burn rate falls to zero as price slides 15%

**Published:** 2026-07-07T20:51:50.798Z  
**Topic:** Shiba Inu  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/6878b0aa-8958-4fff-87e5-83b2c372a832

Shiba Inu’s daily burn drops 99.9% to 20,176 SHIB, pushing the token 15% lower to $0.00000552 amid a broader meme‑coin slump.

The Shiba Inu (SHIB) community burned just 20,176 tokens in the last 24 hours, a 99.88% plunge that coincided with the coin’s price falling more than 15% since last Wednesday [1].

| At a glance | |
|---|---|
| Burn volume (24 h) | 20,176 SHIB |
| Burn rate change | –99.88% |
| Price | $0.00000552 |
| 24 h price change | –15% |
| Catalyst | Burn activity collapse |

## Burn activity collapses

The Shibburn portal, which tracks tokens sent to unspendable wallets, reported a near‑zero burn rate on the day after two large burns of 73.5 million and 10.3 million SHIB on Monday [1]. By contrast, the latest 24‑hour figure is under 100 k SHIB, far below the 10 million‑plus burns seen earlier in the week. Since its launch in early 2021, the SHIB army has destroyed roughly 410.75 trillion tokens, but the recent activity shows the community’s effort to reduce supply has stalled.

## Price slides amid broader meme‑coin weakness

SHIB’s price peaked at $0.00000654 on Wednesday before slipping to $0.00000552, a level that has now acted as support for the third time this week [1]. The 15% decline mirrors a wider downturn in meme‑coin markets, where volatility has risen across the crypto sector [1]. The lack of burn activity removes a modest supply‑reduction signal that some traders use to gauge upward pressure, potentially amplifying bearish sentiment.

## Market context

The burn drop to essentially zero follows a “high‑activity weekend” where tens of millions of SHIB were burned, highlighting how quickly community‑driven supply‑reduction can reverse [1]. Compared with the previous week’s largest single burns of 10 million and 15.9 million SHIB, the current figure is negligible. The broader crypto market’s heightened volatility, noted in the same report, suggests that the SHIB price move is part of a sector‑wide correction rather than an isolated token event.

## What to watch
- **Burn activity**: Any resurgence above 100 k SHIB in the next 24 h could signal renewed community engagement.  
- **Price support**: Watch the $0.00000550 level; a break below could open the path to the next weekly low near $0.00000480.  
- **Sector volatility**: Monitor the Crypto Volatility Index (CVI) for spikes that often precede meme‑coin price swings.

The near‑zero burn rate removes a key supply‑reduction mechanism just as SHIB’s price tests a critical support zone, leaving the token’s short‑term trajectory tied to broader meme‑coin sentiment and any revival of community‑driven burns.

## Sources
1. TradingView — [SHIB Burn Volume Falls to Zero After High-Activity Weekend](https://www.tradingview.com/news/u_today:d7a53846f094b:0-shib-burn-volume-falls-to-zero-after-high-activity-weekend/)
2. CryptoTicker — [SIREN Crypto: The AI Meme Coin That Pumped 6,800% Then Crashed 90%](https://cryptoticker.io/en/what-is-siren-token-crash/)
3. U.Today — [0 Shiba Inu in 24 Hours, SHIB Burn Rate Crashes 100%](https://u.today/0-shiba-inu-in-24-hours-shib-burn-rate-crashes-100)

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Cite as: TrendWatcher, "Shiba Inu burn rate falls to zero as price slides 15%", https://www.trendwatcher.in/article/6878b0aa-8958-4fff-87e5-83b2c372a832