Shiba Inu News: Why is SHIB Coin Up Today, Will it Survive BoJ Rates?
The Federal Reserve just moved, and Shiba Inu news today didn't sit still. After days of chop, SHIB flipped direction the moment the rate decision landed, and traders are asking one simple question: is this a real turn or just a bounce before the next shock?
Key Takeaways
SHIB is trading at $0.000005029, up 2.3% intraday, with a market cap of $2.948 billion and 24-hour volume of $90.92 million, per CoinGecko.
Shiba Inu 's holder count has crossed 1.69 million, adding close to 6,000 new wallets in two weeks even as the wider market stayed weak.
Burn activity spiked 715.92% in 24 hours, but a looming Bank of Japan rate decision could test whether this rally holds.
The Fed raised rates by 25 basis points to a range of 3.75%-4.00%, and 16 of 18 officials still expect at least one more hike before 2026 ends. Normally that kind of tightening talk drags risk assets down. SHIB price today did the opposite.
Once the decision hit, the token took a U-turn and began climbing, and as of writing it's sitting at $0.000005029 with a $2.948 billion market cap.

Source: Coingecko Data
Two forces are doing the heavy lifting here: holders and burns.
Etherscan's token holder data shows the growth hasn't slowed down, even with it stuck in a weak stretch for weeks. The official Shibtoken account has flagged nearly 6,000 new holders added in just the past two weeks. That's pushed the total holder count to roughly 1.691 million, and current tracking suggests it could reach 1.7 million within the next few weeks.

Source: Etherscan Data
The distribution tells its own story though. Here's how supply is spread across the biggest wallets:
| Metric | Figure |
|---|---|
| Total Token Supply | 999.98 trillion SHIB |
| Total Holders | 1.69 million |
| Top 1 Holder | 41.04% (410.44T SHIB) |
| Top 100 Holders | 83.30% (832.98T SHIB) |
| Top 5 Holders (value) | 58% of holdings, worth $2.89B |
That kind of concentration means a small group of wallets still controls most of the supply. More holders is a healthy sign for demand, but it doesn't cancel out how much power sits with the top few addresses.
Shibburn data shows the second big driver: a burn rate spike of 715.92% in the past 24 hours, with the single largest burn removing 30,364,246 tokens in one transaction. That's a sharp signal of short-term activity picking up.

Source: Sibburn Data
Zoom out to seven days, though, and the picture softens. Weekly burn activity actually dropped over 69% across the same period. Since Shiba Inu's launch, the totals now stand at:
Total burned: 410,844,270,080,957 SHIB
USD value burned: $7,358,059,694
Total burn transactions: 21,847
A one-day spike getting attention while the weekly trend fades is worth watching. It suggests the burn narrative is driving headlines today more than it's driving a sustained supply squeeze.
With the price up and holders climbing, bull run talk is already spreading. There's a twist coming, though, and it's sitting one day away.
Shiba Inu news shows it is expanded into a new market. According to an official announcement, SHIB became one of six digital assets supported by Nomura-backed Laser Digital Japan after the firm completed its regulatory registration, marking a real step into Japan's regulated crypto space.
That expansion now runs straight into a bigger event. The Bank of Japan holds its monetary policy meeting on September 17-18, 2026, with the benchmark rate currently at 1.0% and markets pricing in a possible move to 1.25%. The BoJ is expected to raise rates and signal it's ready to keep pushing borrowing costs higher, joining other major central banks trying to get inflation, driven partly by rising oil costs, under control.
SHIB got through the Fed rate move without cracking. Whether it survives a BoJ hike landing right after is the next test, and it could decide if today's surge turns into a real trend or just a brief spike before more pressure sets in.
Expert Opinion: Market analysts note that Shiba Inu news today and holder growth during a weak stretch points to steady accumulation rather than pure speculation, while the wide gap between the 24-hour burn spike and the 7-day burn decline suggests the recent rally is being driven more by sentiment and short-term activity than by a structural drop in circulating supply. The upcoming Bank of Japan decision adds a fresh macro variable that could offset gains from the Fed outcome, and traders are advised to treat the current move as one data point within a broader, still-developing trend rather than a confirmed reversal.
YMYL Disclaimer: This content is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets, are highly volatile, and prices can change rapidly based on regulatory, macroeconomic, and market-specific factors. Figures cited are accurate as of the time of writing and sourced from CoinGecko, Etherscan, and Shibburn data, and may change before or after publication. Readers should conduct their own research and consult a licensed financial advisor before making any investment decisions. Past performance is not indicative of future results.