The number of Shiba Inu (SHIB) holders has surpassed 1.58 million, with 10,718 new addresses added in a single day—marking the largest daily increase since 2026. This surge comes as the SHIB community continues its token burning efforts.
Burn Data and Supply Reduction
In the last 24 hours, the community burned 1,040,871 SHIB, contributing to a 30-day total of 208,429,367 SHIB. Although the daily burn rate dropped 90.19%, the weekly burn volume rose by 3.34%. The burn initiative has reduced the initial quadrillion supply by 41.08%.
Price and Technicals
SHIB’s price edged up 0.65% to $0.00000619, with a weekly gain of 2.29%. The spike in address counts signals renewed interest from retail and long-term holders, while the ongoing burn mechanism could enhance deflationary expectations.
Community Activity and Outlook
Lead ambassador Yayoi Kusama remains active, teasing future developments through her X profile updates. The community eagerly awaits new announcements, and the combination of steady burns and improving sentiment may pave the way for further upside.