Shiba Inu tokens have been left unburned, again, with SHIB price losing its momentum. The recent decline comes over the last 24 hours and is more than 2%. Nevertheless, the near-term forecast is bullish. It spans over the next 1 month and 3 months, triggering optimism for a high run throughout the year.
A recent report has underlined that Shiba Inu tokens were not burned, keeping them unchanged with the total supply of 589,245,656,465,357. However, 10,101,836 tokens have been burned in the past 7 days with a decline of 49.20% in the rate.
Shiba Inu tokens were last burned around 14 hours ago from the time of drafting this article. The 24-hour number of 3,011,445, up by 201.14%, in comparison to the weekly number of 11,207,548, down by 47.64%.
Meanwhile, SHIB price continues to decline with the recent drop of 2.48% over the last 24 hours. The meme coin with a market cap of more than $3.82 billion is now trading at $0.000006490, which is further down by 22.45% over the last month. Notably, SHIB price has recorded a weekly gain of 8.52%.
SHIB price is estimated to surge in the coming months. The next 1 month itself could see the dog-themed meme coin jump by 17.09% to around $0.000007663.
The next 3 months, from the day of writing this article, could bring the meme coin slightly back to $0.000007488 – still a jump of approximately 14.42% from the current value, amid the very high volatility of 10.80%.
SHIB price nearly peaked on July 22, 2025, at $0.0000155. But, it has been dropping since then, except from August 03, 2025 to September 26, 2025, when it found a safe range on the price chart. As for the current year, 2026, SHIB price has been dropping since January 2026. The cryptocurrency has taken a sigh of relief with the weekly surge, which remains to be tested against the estimates.
Source: TradingView
SHIB price is now seen testing crucial support levels of $0.000006465 and $0.000006233. This is on the sidelines of two resistance levels, $0.000006697 and $0.000006930.
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