Shiba Inu Burn Rate Spikes 2,800% In Single Day: What Is Going On?
Posted On January 27, 2026
Shiba Inu (CRYPTO: SHIB) is up around 4% over the past month, outperforming the majority of altcoins.
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| Shiba Inu | (CRYPTO: SHIB) | $0.057645 | $4.5 billion | -2.4% |
| Dogecoin | (CRYPTO: DOGE) | $0.1225 | $20.7 billion | -2.3% |
| Pepe | (CRYPTO: PEPE) | $0.054965 | $2.05 billion | -2.3% |
Trader Notes: The CryptoBasic, citing TradingView data, noted SHIB is trading in a tight range after a dip-and-bounce.
Technical indicators show the short-term trend remains bearish, with the Supertrend sitting above price near $0.00000887–$0.00000889. A …
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