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Shiba Inu Price Eyes Recovery as Burn Rate Soars 17,134% in 24 Hours

CoinGape·October 3, 2026·1 min read
Shiba Inu Price Eyes Recovery as Burn Rate Soars 17,134% in 24 Hours

Shiba Inu's burn rate surged 17,134.60% in 24 hours, per Shibburn's October 3 dashboard. SHIB traded at $0.00000572, down 2.30%, with market cap falling 2.34% to about $3.37 billion. The broader crypto market declined as Bitcoin hovered below $85,000, while Ethereum and XRP saw minor consolidations.

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