# Shiba Inu Weekly Burn Rate Surges 159%

**Published:** 2026-05-29T14:38:51.000Z  
**Topic:** Shiba Inu  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/88eaddb0-daa3-4bb6-8914-b9bca95e78bf

Shiba Inu destroyed 19.5 million tokens in the last week, pushing the weekly burn rate up by 159% while the broader crypto market shows mixed sentiment.

The Shiba Inu ecosystem has recently experienced a significant uptick in token destruction activity, with the weekly burn rate climbing by over 159% [2]. Data from Shibburn indicates that 19,513,946 SHIB were sent to dead wallets over the past seven days, reversing a previous decline in the metric [2]. This surge in burn activity coincides with a broader period of mixed price action for the asset, which remains down by more than 9% on a weekly basis despite a slight daily recovery [2].

**Key takeaways**
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## Sources
1. Tradingview — [Shiba Inu Burns Explode 10,728% as 2026 Begins With 173 Million...](https://www.tradingview.com/news/u_today:a4d7d31ec094b:0-shiba-inu-burns-explode-10-728-as-2026-begins-with-173-million-shib-wiped/)
2. U.Today — [19,513,946 SHIB Destroyed, Shiba Inu Burn Rate Responds With 159...](https://u.today/19513946-shib-destroyed-shiba-inu-burn-rate-responds-with-159-spike)
3. Economictimes — [Shiba Inu’s Burn Rate soars 8,470%: Why it keeps burning...](https://economictimes.indiatimes.com/news/new-updates/shiba-inus-burn-rate-soars-8470-why-it-keeps-burning-billionsand-what-it-means-for-investors/articleshow/119483411.cms?from=mdr)
4. Investx — [SHIB: 1.5M Burned but Burn Rate Drops 43%](https://investx.fr/en/crypto-news/shiba-inu-shib-burn-rate-drops-43-percent/)

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Cite as: TrendWatcher, "Shiba Inu Weekly Burn Rate Surges 159%", https://www.trendwatcher.in/article/88eaddb0-daa3-4bb6-8914-b9bca95e78bf