Almost 100 billion Shiba Inu (SHIB) tokens entered exchanges within 24 hours, signaling renewed selling pressure among investors. Despite some outflows, the net inflow indicates many holders are preparing to sell or reposition their holdings amid a weak market structure. SHIB remains in a bearish trend, trading below major moving averages and showing no strong signs of recovery. The increased supply on exchanges could weigh on prices further, as buying interest remains low and momentum indicators stay bearish.
After a sharp selloff, Bitcoin is stabilizing above the $60,000 support level with signs of momentum improving, though it faces strong resistance around $64,800 and higher EMAs. Dogecoin and Shiba Inu remain in long-term downtrends with weak momentum...
Shibarium, the layer 2 blockchain for Shiba Inu, experienced a sharp 75% drop in daily transactions from 5,170 on July 10 to 1,280 on July 11, following a brief surge the day before. This volatility reflects broader market trends where rallies are qu...
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 fr...
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...
