SHIB burn rate swings from a 585.54% jump to a 91.31% drop as the price stalls
Shibburn burn data swung from a 585.54% jump on September 26 to a 91.31% drop on September 28, 2026, as SHIB traded between $0.000005673 and $0.00000603.
Why it matters
The daily burn numbers tracked by Shibburn are small against a circulating supply of roughly 585 trillion SHIB, and CoinGape said the September 26 jump offered little evidence of lasting supply pressure. Over the period covered, this amounts to routine burn and price data for SHIB rather than any protocol, listing or regulatory change.
Where the sources disagree
Direction of the 24-hour burn rate change
burn activity fell 97.48% over the most recent 24 hours
Crypto News (CryptoNews.net)
burn rate climbed 585.54% over 24 hours
CoinGape
burn rate fell 91.31% over the past 24 hours
Finbold
One outlet reported a sharp burn collapse while others reported a sharp burn jump, and each reading covers a different day of the same week.
Key facts
The Shiba Inu burn rate climbed 585.54% over 24 hours on September 26, with roughly 15 million SHIB destroyed, worth about $89.
585.54 %Disputed figureReported by CoinGape
The Shiba Inu burn rate fell 91.31% over 24 hours on September 28, 2026, from about 3,887,908 SHIB at the start of the day to roughly 338,050 SHIB destroyed.
91.31 %Disputed figureReported by Finbold
Finbold reported 69,934,007 SHIB destroyed on September 19 and a 30-day high of 73,288,887 tokens on September 10.
69,934,007 SHIBReported by Finbold
Crypto News reported SHIB trading near $0.00000601, up almost 9.5% over 24 hours, pressing a descending trendline drawn from a May high near $0.0000067.
0 USDDisputed figureReported by Crypto News (CryptoNews.net)
U.Today reported CryptoQuant exchange netflow for Shiba Inu at -74,374,900,000 SHIB after a decline of around 3%, which it read as buying not yet reflected in price.
-74,374,900,000 SHIBReported by U.Today
Finbold reported total burns of about 410,844,369,808,074 SHIB, valued at over $7.35 billion and equal to 41.08% of total supply.
410,844,369,808,074 SHIBDisputed figureReported by Finbold
What happened
Burn tracking for Shiba Inu swung hard in both directions within the same stretch: CoinGape reported a 585.54% rise in the burn rate over 24 hours on September 26, with about 15 million SHIB destroyed and worth roughly $89, while Finbold reported a 91.31% drop on September 28, 2026, from approximately 3,887,908 SHIB at the start of the day to roughly 338,050 SHIB. Finbold also cited 69,934,007 SHIB destroyed on September 19 and a 30-day high of 73,288,887 tokens on September 10, and Crypto News described a spike in burn volume around September 19 followed by a 97.48% fall over the most recent 24 hours of its reporting. The outlets disagree on where SHIB traded, with Crypto News putting it near $0.00000601 and up almost 9.5% over 24 hours, CoinGape recording $0.00000603 and 3.18% over 24 hours alongside a 7.54% weekly gain, and Finbold finding it down 4.69% at $0.000005673 on September 28 while up 11.13% over 30 days, with a $3.34 billion market cap. U.Today reported on September 24 that CryptoQuant showed exchange netflow at -74,374,900,000 SHIB, which it read as buying pressure not yet visible in the price. Burn totals also differ slightly between readings: CoinGape cited 410.84 trillion SHIB destroyed across 21,870 burn transactions, equal to 41% of the original one quadrillion supply, while Finbold reported 410,844,369,808,074 SHIB burned, valued at over $7.35 billion and equal to 41.08% of supply. What is unclear is whether either burn pace constrains supply, and CoinGape said the September 26 jump of roughly 15 million SHIB is tiny beside the roughly 585 trillion SHIB in circulation.
How the story developed
- First report
First report by Crypto News (CryptoNews.net)
Shiba Inu Price Prediction: Derivatives Volume Triples as SHIB Surges 10%
- Update
Crypto News reports SHIB near $0.00000601 after a burn spike
The desk's first report described a burn volume spike around September 19 and said burn activity then fell 97.48% over the most recent 24 hours.
- Update
CryptoQuant exchange netflow shows 74 billion SHIB moved off exchanges
U.Today reported netflow at -74,374,900,000 SHIB while SHIB traded in the red.
- Independent corroboration
Independently corroborated by CoinGape
Shiba Inu Price Forecast After SHIB Burn Rate Explodes 580%
- Update
Burn rate climbs 585.54% with about 15 million SHIB destroyed
CoinGape tied the rise to heavier morning burn activity reported by Shibburn.
- Update
Finbold cites a 30-day burn high of 73,288,887 SHIB on September 10
The 30-day burn window reported by Finbold includes 69,934,007 SHIB destroyed on September 19.
- Update
Burn rate falls 91.31% to roughly 338,050 SHIB
Finbold reported the drop alongside a 4.69% daily price decline to $0.000005673 and a 10.78% rise in 24-hour volume to $86.7 million.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 22 Sept 2026, 12:19 UTC: Crypto News (CryptoNews.net) — 1 independent source, 1 reports
- 24 Sept 2026, 14:05 UTC: U.Today — 2 independent sources, 2 reports
- 26 Sept 2026, 17:45 UTC: CoinGape — 3 independent sources, 3 reports
- 28 Sept 2026, 13:42 UTC: Finbold — 4 independent sources, 4 reports
Affected entities
Also mentioned: XRP, OKX, Optimism
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Crypto News (CryptoNews.net) Aggregator | Shiba Inu Price Prediction: Derivatives Volume Triples as SHIB Surges 10% | Original | |
| CoinGape Crypto media | Shiba Inu Price Forecast After SHIB Burn Rate Explodes 580% | Independent | |
| Finbold Crypto media | Shiba Inu burn rate collapses by over 91% today; what’s next for SHIB price? | Independent | |
| U.Today Crypto media | Shiba Inu Rally May Resume: 74 Billion SHIB Netflow Confirms Brewing Demand | Syndicated |
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