Shiba Inu (SHIB) News Today: Why SHIB Is Down – 24 September 2026

• On September 20, Shiba Inu burn rate spiked 31,712%, with 72.23 million SHIB sent to inaccessible wallets. • On September 23, TradingView reported 534 billion SHIB worth $533.2 million held on exchanges. • On September 24, 2026, at 01:49 UTC, SHIB traded at $0.000005607, down 8.81% in 24 hours. • SHIB’s market cap stood at $3.30B, ranking #44, with 24-hour trading volume of $150.89M. • SHIB remains 93.49% below its all-time high of $0.00008616, with a circulating supply of 589,238,968,295,839 SHIB.