A lot of people have been asking lately whether Shiba Inu is worth it — and right now, at the time of writing, the answer is genuinely complicated. SHIB is trading around $0.0000065, down over 92% from its 2021 peak, and the debate over whether Shiba Inu is worth buying has been reignited by some pretty grim on-chain data. The Shiba Inu all lies narrative is picking up steam again, the is Shiba Inu dead question is all over crypto forums, and Shibarium 2026 metrics are not helping. Here is what the data actually shows.
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Shibarium Struggles, Token Burn Math, and SHIB’s 2026 Reality Check
Shibarium Is Barely Being Used
Anyone trying to figure out if Shiba Inu is worth it in 2026 will run into Shibarium’s numbers pretty fast. Total Value Locked sits at around $1.44 million right now. Even ,ore, fewer than 7,000 daily transactions are being processed on the chain. Base, by comparison, handles over 2 million transactions a day. It is also the main reason the is Shiba Inu dead debate has not quieted down.
The SHIB token burn mechanism, which is supposed to destroy supply using Shibarium gas fees, is caught in the same loop — low network usage means low fees, and low fees also mean the SHIB token burn barely registers. At the current rate, burning just 10% of the total supply would take over 1,000 years, and that figure alone has done a lot to keep the Shiba Inu all lies accusations alive.
The Team Is Still Building
After around 50 days of silence, Shytoshi Kusama re-emerged on January 26, 2026, and stated:
“I am here because what I have been building, alone, at the request of a small company and with the grace of God, is nearing completion and today is the day ordained to begin speaking on it.”
The Q2 2026 roadmap includes a privacy upgrade through Fully Homomorphic Encryption, developed with Zama. If it lands, Shibarium 2026 could carve out a real niche in privacy DeFi. That would go a long way toward answering whether Shiba Inu is worth it at all. If it does not, the Shiba Inu all lies argument becomes a lot harder to dismiss.
SHIB team member Lucie also had this to say:
“The strongest contributors are often the ones doing the unglamorous work, improving small things, or quietly pushing ideas forward.”
So, Is Shiba Inu Worth It?
Whether Shiba Inu is worth it right now really comes down to what you think of the roadmap. The SHIB token burn math does not support a penny narrative, Shibarium 2026 usage is near-critical, and newer meme coins are pulling retail attention away at the moment. Brand recognition and exchange listings are keeping the project alive, but utility is still being built. The is Shiba Inu dead question has no clean answer yet — and neither does whether Shiba Inu is worth holding through another year of uncertainty.
Also Read: Shiba Inu Gains 10% In a Week, But Still Not Enough For Rebound
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