Shiba Inu

Crash

Shiba

<h2 id="span-style-font-size-16px-shiba-inu-news-today-shib-price-crash-4-9-in-a-day-will-it-recover-span"><span style="font-size: 16px">Shiba Inu News Today: SHIB Price Crash 4.9% in a Day, Will it Recover?</span></h2>
<p><span style="font-size: 16px">Shiba Inu news today tells a story every crypto trader knows too well. One jobs report lands in Washington, and within hours, a meme coin market cap worth billions takes a hit. That's exactly what happened to SHIB today, and the reasons go deeper than one headline.</span></p>
<p><strong><span style="font-size: 16px"><em>Key Takeaways</em></span></strong></p>
<ul>
 <li><span style="font-size: 16px">SHIB is trading at $0.000005655, down 4.9% intraday, with its market cap at $3.334 billion and 24-hour volume at $103.666 million.</span></li>
 <li><span style="font-size: 16px">Weak US jobs data from the Bureau of Labor Statistics triggered a broad sell-off across Bitcoin, altcoins, and meme coins including SHIB.</span></li>
 <li><span style="font-size: 16px">Despite the crash, Shibburn data shows SHIB's burn rate jumped 16,121.79% in a single day, while ShibSwap's DEX volume on DeFiLlama has grown eightfold in three weeks.</span></li>
</ul>
<h2 id="span-style-font-size-16px-why-is-shiba-inu-price-crashing-today-reasons-explained-span"><span style="font-size: 16px">Why Is Shiba Inu Price Crashing Today? Reasons Explained</span></h2>
<p><span style="font-size: 16px">At the time of writing, Shiba Inu news today centers on one number: a 4.9% intraday drop. <a href="https://www.coingabbar.com/en/shiba-inu-price-prediction-wolfe-wave-upside-after-3-4-drop" rel="noopener noreferrer nofollow">SHIB now trades</a> at $0.000005655, with its market cap sitting at $3.334 billion and 24-hour trading volume at $103.666 million. Over the past day, the price moved from $0.00000595 down to $0.00000554, and across the week, SHIB has lost more than 3.7% of its value.</span></p>
<p><span><img alt="Shiba Inu price today" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/jV5CmuWD6sjXSoivQskd76Hp4AjAAD7VgX8hXwdw.png" width="300" title="Shiba Inu price today"></span></p>
<p><span style="font-size: 16px">Source: <a href="https://www.coingecko.com/en/coins/shiba-inu?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd7" rel="noopener noreferrer nofollow">Coingecko Data</a></span></p>
<p><span style="font-size: 16px">But a single coin rarely crashes alone. Here's what pulled Shiba Inu price down today.</span></p>
<h3 id="span-style-font-size-16px-what-did-the-us-jobs-data-show-span"><span style="font-size: 16px">What Did the US Jobs Data Show?</span></h3>
<p><span style="font-size: 16px">The <a href="https://www.bls.gov/news.release/empsit.nr0.htm" rel="noopener noreferrer nofollow">Bureau of Labor Statistics</a> released September's nonfarm payroll numbers today, and they missed hard. The US economy added just 29,000 jobs, far below the 90,000 forecast by markets. Unemployment climbed to 4.2%, above the expected 4.1%.</span></p>
<p><span style="font-size: 16px">It gets worse. August's payroll growth got revised down to 133,000 from 162,000, and July's number flipped from positive to a 10,000 job decline. Combined, the two months came in 60,000 lower than first reported. That's a clear signal of a cooling <a href="https://www.coingabbar.com/en/us-jobs-data-today-puts-bitcoin-at-risk-as-fed-hike-fears-linger" rel="noopener noreferrer nofollow">US labor market</a>, and investors reacted fast.</span></p>
<p><span style="font-size: 16px">Weak jobs data usually spooks risk assets, and crypto is no exception. <a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">Bitcoin dropped</a> as much as 2% following the report, now sitting at $84,579.91. When Bitcoin falls, altcoins and meme coins&nbsp;typically fall harder, and that's exactly what played out today across the SHIB chart.</span></p>
<h3 id="span-style-font-size-16px-why-is-the-bitget-hack-also-shaking-shib-holders-span"><span style="font-size: 16px">Why Is the Bitget Hack Also Shaking SHIB Holders?</span></h3>
<p><span style="font-size: 16px">Blockchain analytics firm <a href="https://www.chainalysis.com/blog/387m-bitget-theft-2026/" rel="noopener noreferrer nofollow">Chainalysis linked</a> a $387 million hack on exchange Bitget to DPRK-affiliated threat actors. Within the first three hours of the breach, the stolen funds moved across four chains, Ethereum, XRP, Zcash, and Tron, through 23 separate transfers. Ethereum carried 49.7% of the movement, and XRP carried 40.8%.</span></p>
<p><span style="font-size: 16px"><strong>Here's why this matters for SHIB specifically:</strong> Shiba Inu runs on the <a href="https://www.coingabbar.com/en/ethereum-defi-explained-how-decentralized-finance-works" rel="noopener noreferrer nofollow">Ethereum chain</a>. News of a major Ethereum-linked security breach adds a fresh layer of fear for the SHIB community, even though SHIB itself wasn't directly involved in the hack.</span></p>
<h2 id="span-style-font-size-16px-will-shiba-inu-recover-span"><span style="font-size: 16px">Will Shiba Inu Recover?</span></h2>
<p><span style="font-size: 16px">Not every signal points down today. Two data sets suggest the&nbsp;community isn't walking away.</span></p>
<p><span style="font-size: 16px">SHIB's burn rate exploded. Shibburn data shows burn activity surged 16,121.79% in a day, with 2,801,665 tokens burned today alone.</span></p>
<p><span><img alt="Shiba inu burn activity" src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/rXpbUxzlkl25T7gCImlY5eSu8w6pK6ArTeuUUNsZ.png" width="300" title="Shiba inu burn activity"></span></p>
<p><span style="font-size: 16px">Source: <a href="https://www.shibburn.com/" rel="noopener noreferrer nofollow">Shibburn Data</a></span></p>
<table>
 <thead>
  <tr>
   <th><strong>Burn Metric</strong></th>
   <th><strong>Value</strong></th>
  </tr>
 </thead>
 <tbody>
  <tr>
   <td>Total Burned</td>
   <td>410,844,457,086,812 coins</td>
  </tr>
  <tr>
   <td>USD Value Burned</td>
   <td>$7,358,060,763</td>
  </tr>
  <tr>
   <td>Burn Transactions</td>
   <td>21,881</td>
  </tr>
  <tr>
   <td>Supply Burned</td>
   <td>41.08%</td>
  </tr>
  <tr>
   <td>Remaining Supply</td>
   <td>58.92%</td>
  </tr>
 </tbody>
</table>
<p><span style="font-size: 16px">Additionally,&nbsp;ShibSwap volume is climbing fast. DefiLlama data tracks a sharp rise in trading activity on the ShibSwap protocol over the past three weeks.</span></p>
<p><span><img alt="ShibSwap DEX Volume " src="https://d3iuzwoiyg9qa8.cloudfront.net/webadmin/storage/public/commonEditerImage/SSzPOM3ZwA0KrIJCXrzUIg4582J3xS3cWnTFbJnU.png" width="300" title="ShibSwap DEX Volume "></span></p>
<p><span style="font-size: 16px">Source: <a href="https://defillama.com/protocol/shibaswap?activeAddresses=true&amp;amp;amp;groupBy=weekly" rel="noopener noreferrer nofollow">DeFiLlama Data</a></span></p>
<table>
 <thead>
  <tr>
   <th><strong>Week</strong></th>
   <th><strong>ShibSwap DEX Volume</strong></th>
  </tr>
 </thead>
 <tbody>
  <tr>
   <td>Sept 14–20</td>
   <td>$916,525</td>
  </tr>
  <tr>
   <td>Sept 21–27</td>
   <td>$1.68 million</td>
  </tr>
  <tr>
   <td>Sept 28–Oct 4</td>
   <td>$7.62 million</td>
  </tr>
 </tbody>
</table>
<p><span style="font-size: 16px">That's roughly an eightfold jump in under a month, a sign that on-chain activity is growing even while the price struggles.</span></p>
<h2 id="span-style-font-size-16px-what-s-next-for-shiba-inu-span"><span style="font-size: 16px">What's Next for Shiba Inu?</span></h2>
<p><span style="font-size: 16px">After <a href="https://www.coingabbar.com/en/shiba-inu-news-today-shib-coin-price-crash-reasons-us-iran-war" rel="noopener noreferrer nofollow">Shiba Inu news</a> today, the next move for it&nbsp;likely depends on how the wider market digests this jobs data. A weaker labor market can push the Federal Reserve toward rate cuts, which sometimes helps risk assets like crypto recover over time. Until that plays out,&nbsp;price will likely keep tracking Bitcoin's lead, while the rising burn rate and DEX volume offer the community a reason to watch closely rather than panic.</span></p>
<h2 id="span-style-font-size-16px-conclusion-span"><span style="font-size: 16px">Conclusion</span></h2>
<p><span style="font-size: 16px">Shiba Inu news today: Price crash alongside the wider crypto market after weak US jobs data rattled investor confidence. <a href="https://www.coingabbar.com/en/bitcoin-price-faces-test-as-us-payroll-data-and-yields-loom" rel="noopener noreferrer nofollow">Bitcoin fell</a>, altcoins followed, and it&nbsp;dropped nearly 5%. Rising burn rates and DEX volume offer a counterpoint, but recovery likely hinges on Bitcoin's next move.</span></p>
<p><span style="font-size: 16px"><strong>YMYL Disclaimer:</strong> This content is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets, including meme coins, are highly volatile and carry significant risk. Prices mentioned reflect data at the time of writing and may change rapidly. Always do your own research and consult a licensed financial advisor before making any investment decisions.</span><span style="font-size: 16px"></span></p>

Shiba Inu News Today: SHIB Price Crash On US Jobs Data, Will Recover?

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