Shiba Inu Price Surges 17% Weekly as SHIB Burns Hit One-Year High

01-Aug-2026 CoinPedia
can shiba inu price recover as shib burn rate surges

The post Shiba Inu Price Surges 17% Weekly as SHIB Burns Hit One-Year High appeared first on Coinpedia Fintech News

Shiba Inu price extended its recovery today, climbing nearly 4% over the past 24 hours and more than 17% on the week. The meme coin has emerged as one of the strongest performers in the sector after a combination of record token burns, rising derivatives activity, and an improving technical structure reignited bullish sentiment. As …

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