Over 429 billion Shiba Inu (SHIB) tokens were transferred to exchanges within 24 hours, causing a significant increase in exchange reserves to about 81.7 trillion SHIB. This rise in reserves typically indicates that more tokens are being prepared for sale rather than accumulation, suggesting growing selling pressure. Despite a slight increase in active addresses, the price remains under pressure, trapped in a downward trend with resistance near key moving averages. Without a strong catalyst, SHIB's price is likely to decline further if it fails to break above resistance around $0.0000064–$0.0000066.
Shiba Inu (SHIB) has seen a sharp increase in exchange outflows, with nearly 490 billion SHIB leaving trading platforms. This trend suggests that large holders are moving tokens to private wallets for self-custody, reducing short-term selling pressur...
Shiba Inu (SHIB) burned over 34 million tokens in the past week, yet its weekly burn rate declined by 79.28%, indicating a slowdown in token removal activity. Despite the large burn volume, the burn rate remains negative, with a slight 28.17% increas...
Shiba Inu (SHIB) has seen a sharp 61% drop in its bullish exchange outflow metric within the last 24 hours, indicating fewer tokens are being withdrawn from exchanges. This suggests traders and large holders are less aggressive in moving assets amid ...
Shiba Inu (SHIB) is approaching a critical resistance level that, if broken, could trigger a strong upward momentum in its price and market cap. Currently valued at around $3.38 billion, SHIB has declined significantly from its December 2024 peak of ...
Zcash (ZEC) and Hyperliquid (HYPE) are showing strong bullish momentum with significant price rallies, driven by growing market interest in privacy assets and decentralized trading infrastructure. Meanwhile, Dogecoin (DOGE) and Shiba Inu (SHIB) face ...
