Shiba Inu (SHIB) is experiencing intense selling pressure as traders rapidly unwind leveraged futures positions, causing a 1,418% drop in futures flow over eight hours. Over 488 billion SHIB tokens moved out of exchanges in 24 hours, signaling a bearish market sentiment. Both spot and derivatives markets show net outflows, indicating reduced risk appetite and investors cutting exposure rather than buying the dip. This trend suggests cautious repositioning amid uncertainty rather than active accumulation of SHIB tokens.
Shiba Inu's token burn activity surged by 41% in early August, with over 83 million SHIB tokens destroyed recently and 3.2 billion burned in July. Despite the burns aiming to reduce supply, the impact on price remains limited due to SHIB's large circ...
Dubai Duty Free has integrated Crypto.com Pay, allowing customers to pay with Shiba Inu (SHIB) and 29 other cryptocurrencies at Dubai International and Al Maktoum airports. Payments are converted instantly to UAE Dirhams, ensuring a regulated crypto-...
Shiba Inu (SHIB) has formed a rare mini golden cross, where the short-term moving average crossed above the longer-term average, signaling a potential bullish trend. This technical event has sparked an unexpected 16.7% price increase in Q3, defying i...
Shiba Inu (SHIB) has rallied over 16% in the past 30 days, prompting Finbold’s AI Agent to predict a price increase to $0.00000589 by August 31, 2023, indicating a potential 17.8% gain from current levels. This forecast is based on technical indicato...
Over half a trillion Shiba Inu (SHIB) tokens were withdrawn from exchanges in the past 24 hours, showing a complex market dynamic. While exchange reserves rose due to inflows exceeding outflows, large holders increased their withdrawals, indicating a...
