In the past 24 hours, approximately 257.9 billion Shiba Inu (SHIB) tokens were withdrawn from exchange wallets, indicating reduced selling pressure and a potential shift in market sentiment. This large outflow suggests investors are moving SHIB to long-term storage rather than immediate sale, which could support a short-term price recovery despite current bearish trends. SHIB is still trading below key moving averages and faces resistance around $0.0000053-$0.0000060, but oversold conditions and declining exchange reserves hint at a possible relief rally if selling pressure continues to ease.
Shiba Inu's community has burned 410.84 trillion SHIB tokens, worth over $7.35 billion, reducing the original supply by about 41%. This deflationary effort, tracked by the Shibburn platform celebrating its fifth anniversary, aims to increase token sc...
Shiba Inu lead ambassador Shytoshi Kusama ended weeks of silence on X by updating his bio to highlight his current focus on an AI app or site called R.OS. He mentioned the project is in its final stages, with the beta website complete and undergoing ...
Cryptocurrency prices are fluctuating with Bitcoin at $63,014 and Ethereum at $1,676.48, showing moderate gains. Several altcoins such as BEAT and DEXE have experienced significant increases, with BEAT up nearly 72% and DEXE up over 15%. These moveme...
Shiba Inu (SHIB) has fallen to levels not seen since early March, entering an oversold state with its Relative Strength Index (RSI) near 27, indicating possible seller exhaustion and a chance for recovery. Despite bearish trends and declining trading...
XRP is poised for a major price move, potentially breaking out to $1.50 or dropping to $0.93, driven by tightening Bollinger Bands and a pending U.S. Senate vote. Meanwhile, whales have withdrawn a record 1.91 trillion SHIB tokens from exchanges, red...
