In the quiet mathematics of markets, a day passes and the ledger keeps its secrets. Shiba Inu, with a shrug and a keystroke, let loose a rain of SHIB into the dead wallets, as if the balance book itself had lost its pen and decided to cry out in numbers.
According to the Shibburn watchman on the hill, a total of 6,079,210 SHIB found its way to dead wallets in the last 24 hours. Across seven days, the scrawled tally reads 33,555,505 SHIB burned, and for the last thirty days, 197,397,403 tokens.
All told, 410,839,970,136,820 SHIB have been burned out of the original 1 quadrillion SHIB supply, accounting for 41.08%. This is worth $7,358,037,796 in the currency of numbers and market whispers.
The SHIB burn rate has risen 37.28% from the past day, while it has wandered down 40.56% in the last seven days.
SHIB among top traded coins as India’s demand grows
Shiba Inu keeps company with the bustle of India, ranking among the top traded tokens on the country’s major crypto exchange.
Shiba Inu was among the Top 5 most traded coins on India’s largest exchange, WazirX, in April, sitting in the second spot only after Bitcoin. Other coins actively traded include ETH, DOGE and XRP.
Kuro, a Shiba Inu community member, highlighted this piece of information in a recent tweet, noting that “SHIB’s popularity in India shows no signs of fading.”
SHIB price
Risk appetite spilled into the crypto markets as stocks pushed to fresh record highs, lifting altcoins higher. At the time of writing, Shiba Inu was trading in green, up 2% in the last 24 hours to $0.00000641 and up 3% weekly.
Friday’s U.S. labor market data contributed to the broader price increase in the markets with the economy adding 115,000 jobs in April.
Shiba Inu has steadily ticked higher since the April 30 low of $0.00000607, albeit price remains in a broad range between $0.0000058 and $0.00000656 since Mid-March. The positive aspect is that Shiba Inu has sustained above the daily SMA 50, with the next target above now the daily SMA 200 at $0.00000730.
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2026-05-09 16:07