Shiba Inu Tokens Burned Amid High World Uncertainty, SHIB Price Still Down

• Almost 3,177,669 Shiba Inu tokens were burned recently.
• SHIB price is down by 3.2% over the last 24 hours.
• The World Uncertainty Index for February 2026 is 106,862.

Shiba Inu tokens, not burned for a while, are now reported to have undergone the process. However, SHIB price continues to decline, possibly due to reports about high world uncertainty coming to the surface. Many factors are known to increase uncertainty worldwide, directly/indirectly affecting the meme coin.

Shiba Inu Tokens Burned and SHIB Price

Around 3,177,669 tokens have been burned, bringing the rate up to 153.31% over 24 hours. It translates to a weekly rate of 46.49%, but in negative terms. The total supply is 589,245,652,033,247 at the time of writing this article. It has remained the same since then, while SHIB price has fluctuated frequently.

The meme coin is currently listed at $0.000006298, down by 3.2% over the last 24 hours and 21.06% on a weekly basis. Its 24-hour trading volume has dipped by 7.3% to around $107.42 million. The declining trend reportedly commenced shortly after July 22, 2025. Even though it has seen highs since then, volatility remains very high at around 10.12%.

Uncertainty Rises Globally

According to the World Uncertainty Index, the number for February 2026 is 106,862, which is worse than the figures for Covid-19 pandemic, the 9/11 incident, and the 2008 market crash. The index has put forward the number after studying the usage of ‘uncertainty’ and quarterly reports from EIU, an acronym for Economist Intelligence Unit. The quarterly report also notes words related to the said term.

Needless to say, this has sparked discussions around the rising volatility in the crypto market, with investors on edge. Uncertainty corners investors to be cautious, which in turn often brings down liquidity in risky segments, cryptocurrencies in this instance.

Factors Behind a Higher Index

There could be several reasons behind the increased number from the index for February 2026. The top two factors are the global tariff war and the US-Iran conflict. US President Donald Trump imposed high tariffs on nations for multiple reasons. But that forced nations to redraft their strategies, not just the US, but also with other countries.

The US-Iran conflict has sparked speculation about oil prices increasing in the times to come. The last update that was heard was that the US could attack Iran as early as this weekend. If so, then markets could see high volatility with cryptocurrencies, including SHIB, recording more fluctuations on the price chart.

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