Coinbase was the largest contributor to Shiba Inu (SHIB) burns over the past 30 days, sending 143,956,168 SHIB to inaccessible dead wallets, or nearly one-third of the 418.66 million SHIB burned during the period. Community tracker Shibburn reported 68.29 million SHIB burned in the past 24 hours, including 47,419,390 from Coinbase, while the daily burn rate rose 154.33%. Over seven days, 86.75 million SHIB were burned, and the weekly burn rate fell 22.29% from the prior week. SHIB was down 0.07% over 24 hours as the broader crypto market weakened ahead of the Federal Reserve's preferred inflation gauge, due Wednesday and expected to show little or no change in the year-over-year rate, which remains above the central bank's 2% target. At their September meeting, Fed officials approved a quarter percentage point rate increase and indicated another could be likely before year-end. Technically, SHIB is in a rising wedge pattern that could signal a sharp price move, while its 50-day and 200-day moving averages are approaching a potential golden cross. If confirmed, it would be SHIB's first golden cross of 2026; its last visible one occurred in November 2024, before the token reached $0.0000334 in December 2024.