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Shiba Inu sees 266 billion SHIB tokens bought in 24 hours amid rising demand despite recent price dip

Market News
09 Jun 2026
UToday
View Source
Bullish
pluang ai news

Shiba Inu experienced intense buying activity with 266 billion SHIB tokens removed from exchanges in the last 24 hours, indicating increased demand. Despite this bullish signal, the token's price fell by 2.83% to $0.000004656, showing that selling pressure from recent volatility still affects the market. The rising netflow suggests renewed investor interest, but Shiba Inu's price has yet to sustain a strong upward trend. This activity occurs as the broader crypto market shows signs of potential recovery.

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