Shiba Inu (SHIB) is showing signs of recovery as spot buying activity increases by over 128%, indicating renewed buyer interest after weeks of selling pressure. This rise in spot flow suggests actual capital entering the market, reflecting a shift from panic selling to accumulation. Despite still trading below key moving averages and remaining in a long-term downtrend, SHIB has stabilized above recent lows and is defending support levels. The critical resistance zone to watch is $0.00000450-$0.00000480, where a breakout could confirm a trend reversal, though overall trading volume remains muted, requiring more participation for sustained gains.
Shiba Inu's official X account, with 3.8 million followers, has started promoting third-party low-cap meme tokens instead of focusing on its own project. This unusual behavior has sparked speculation about possible reasons, including a commercial dea...
Shiba Inu (SHIB) is showing signs of a bullish trend as over 124 billion SHIB tokens have been moved out of exchanges like Binance in the last 24 hours. This movement suggests that holders are increasingly holding onto their tokens rather than sellin...
Large holders of Shiba Inu (SHIB) have withdrawn 346 billion tokens from exchanges over eight days, reducing the available supply for sale. This move by 'smart money' has lowered SHIB reserves on centralized platforms to 86.69 trillion tokens, potent...
Shiba Inu's token burn rate sharply declined to just $13 worth of SHIB burned in 24 hours following a significant burn of over 113 million tokens on July 8. Despite the recent drop, the weekly burn remains high with 154.83 million SHIB tokens destroy...
On July 8, Shiba Inu conducted its largest token burn in six months, destroying 110 million SHIB. Despite this, the price fell 5% that day and 9% over the month, as the total supply remains huge at 585 trillion tokens, making burns relatively ineffec...
