Shiba Inu saw a significant net inflow of 241.9 billion tokens to exchanges within 24 hours, indicating increased selling activity despite an earlier 4% price rise. This large token movement suggests traders are offloading SHIB, which has led to a shift from bullish to bearish sentiment and a slight price decline of about 0.45%. The selling pressure could hinder further price gains unless exchange outflows pick up again to support buying demand.
The meme-token market reached a capitalization of $29.71 billion on October 23, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) making up 58.4% of that total. Dogecoin led the group with a $12.46 billion market cap and $545.85 million in 24-h...
The Shiba Inu cryptocurrency community is skeptical about the return of its anonymous founder, Ryoshi, after a veteran member highlighted changes in the account details of Ryoshi's former Medium blog, suggesting someone else may be using the name. Ot...
Shiba Inu (SHIB) fell 3.36% in the past 24 hours, trading below key resistance at $0.00000511 and near support levels around $0.00000480. Technical analyses indicate a bearish bias unless SHIB breaks above $0.00000511 with increased volume. If it fai...
Shiba Inu (SHIB) exchange reserves increased by about 0.08% to approximately 87.16 trillion SHIB as of the October 21 snapshot, representing around 14.79% of the circulating supply. The token price hovered near a technical support level of $0.000005 ...
As of October 21, 87.16 trillion Shiba Inu (SHIB) tokens were held on exchanges, representing about 14.79% of the circulating supply. This balance indicates a readiness to sell rather than actual sales, with daily inflows and outflows showing minor n...
