SHIB prices are currently trading around US$0.0000448, making it an extremely busy week for Shiba Inu. Traders witnessed its brief breakthrough of US$0.00001 on the Australia exchange FameEX, a sudden rebound in memein triggered by BABYSHIB-and the latest round of safety warnings issued by Shibburn for SHIB holders.
In my opinion, these events are pulling the market in two different directions. Speculative interest around the Shiba Inu ecosystem clearly remains, but safety warnings and weak market movements have kept many traders on the defensive.
Shibburn warns SHIB holders to be vigilant
Shibburn has been warning the community to several scams that will continue to be popular in 2026. The warnings cover false airdrops, malicious smart contracts, attempts to steal mnemonics and private keys, investment plans with guaranteed returns, and promotional content disguised as independent reports.
#ShibaInucommunity burn tracker Shibburn has issued multiple security warnings to$SHIBholders, urging them to remain vigilant as scams, exploits, and misleading promotions continue to threaten cryptocurrency users in 2026.The warnings cover several common scams, including…
False airdrop warnings are particularly important for SHIB holders. Fake SHIB-related tokens may appear directly in wallets and appear legal, but interacting with the relevant contract may grant dangerous rights to scammers. Shibburn also reminds users that regular support teams will never ask for mnemonic words or private keys, so any request for these credentials should be regarded as a serious warning. The current background is that security incidents in the cryptocurrency field (including exchanges, wallets and DeFi) are already frequent in 2026.
The $0.00001 surge on FameEX was extremely short-lived
The most important event related to price movement was FameEX's launch of the SHIB/USDT trading pair at 10:00 UTC on August 11, 2026. Shortly after trading began, the SHIB price reached US$0.00001004.
#ShibaInuexperienced extreme volatility on Australian-based crypto exchange FameEX, briefly soaring to $0.00001004 shortly after its listing on the platform.Shiba Inu secured a new spot listing on FameEX, giving the meme token access to another trading venue. The exchange…
At first glance, this seems like a major breakthrough. Unfortunately, it is fleeting. According to FameEX data, the SHIB price fell to US$0.0000442 and traded around US$0.0000445 on the day, a drop of 55.48% in 24 hours. Trading volume on FameEX was US$430,240.
This looks more like a weak liquidity listing than a real market rally. New trading pairs usually have a shallow order book, so relatively small orders can trigger unusual price fluctuations. The broader SHIB market has never approached $0.00001004.
BABYSHIB has once again made people aware of the speed of fluctuations of memes
At the same time, BABYSHIB soared by more than 1300% in 24 hours, and there are reports that its increase even exceeded 2000%. The market value of the token is approximately US$477,000, so it can be considered a cryptocurrency with a very small market value.
The increase is related to the support of original SHIB community members and social media attention-after the Shibtoken account followed Thebabyshib. The chart shows a near vertical rise and then quickly falls back, which is exactly what traders expect to see in the price trend of small and medium-sized memes.
Shiba Inu is back in the spotlight as solana:5nZMRLSFnA3oWXXswKyyaW5or2FFy34tkTUhtkWPpump, the cuter version of SHIB, surged 2,000%+ today.
WHY THE PUMP?– OG$SHIBcommunity members have stepped in and openly backed solana:5nZMRLSFnA3oWXXswKyyaW5or2FFy34tkTUhtkWPpump.-…
Shibburn's latest data shows that only 2.03 million SHIBs, worth about US$9, have been destroyed in the past 24 hours, with the average daily destruction rate dropping by nearly 40%. The total number of SHIBs destroyed in a week was 32.85 million SHIBs, and the total number of SHIBs destroyed in 30 days reached 3.34 billion SHIBs.
These numbers help track community activity, but are still insignificant compared to the huge circulating supply of SHIB. The slowdown in average daily destruction means that the current destruction narrative does not provide a strong short-term catalyst for SHIB prices.
What happens next for SHIB?
SHIB prices will face pressure from market weakness. SHIB has fallen approximately 8.81% in the past seven days and approximately 1.13% in the past 24 hours, with a market value of approximately US$2.62 billion.
FameEX's brief surge suggests that events involving exchanges alone can trigger huge fluctuations, but the market ultimately cannot maintain prices above $0.00001. Safety warnings show retail traders remain vulnerable, while a slowing destruction rate eliminates a popular bullish rhetoric.
My view is simple: SHIB is entering a stage where traders need to distinguish short-term exchange volatility and memin craze from actual trends in SHIB prices. The market remains weak and the SHIB has yet to show the continued buying pressure that normally portends a stronger recovery.
FAQs
What scams does Shibburn warn SHIB holders to watch out for?
Shibburn warned of fake airdrops, malicious smart contracts, attempts to steal mnemonics and private keys, investment plans to guarantee profits, and paid promotional content disguised as independent reports.
Why does BABYSHIB attract attention?
BABYSHIB rose more than 1300% in 24 hours, with some reports saying it rose more than 2000% at its peak. The rise was driven by memein speculation and social media attention, but its market value was only about US$477,000, making it extremely volatile.

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