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Shiba Inu rises 7% amid broad crypto rally but lags behind major coins like Ethereum and Bitcoin

Market News
20 Aug 2026
Coinpaper
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Bullish
Shiba Inu rises 7% amid broad crypto rally but lags behind major coins like Ethereum and Bitcoin

Shiba Inu (SHIB) gained about 7% during a broad crypto market rally, trading around $0.0000047 and recovering from recent lows. However, it underperformed major cryptocurrencies such as Ethereum, which surged 18%, and Bitcoin, which also climbed sharply. The rally was driven by overall market optimism, including lower Treasury yields and positive crypto policy sentiment, rather than Shiba Inu-specific news. While Shibarium activity and token burns increased, these factors remain modest compared to the broader market forces influencing SHIB's price.

More News (SHIB)

Shiba Inu price drops 6% amid minor token burn and ongoing Shibarium reorg issues

Shiba Inu price drops 6% amid minor token burn and ongoing Shibarium reorg issues

On September 28, 2026, Shiba Inu (SHIB) price fell 6% to $0.0000056 despite burning nearly 477 million tokens in 30 days, which is only 0.000081% of the total supply and too small to impact price. The Shibarium layer 2 blockchain is still undergoing ...

Market News
Neutral
5 hours ago
1 billion Shiba Inu tokens burned amid rising exchange inflows, pressuring SHIB price below key levels.

1 billion Shiba Inu tokens burned amid rising exchange inflows, pressuring SHIB price below key levels.

Shiba Inu (SHIB) saw 1 billion tokens burned in 24 hours, but rising inflows to exchanges suggest increased selling pressure. Despite some outflows, the net flow remains negative, indicating more tokens are being deposited than withdrawn. SHIB's pric...

Technical Signals
Bearish
5 hours ago
Shiba Inu nears 1.7M holders as adoption surges with nearly 9,000 new holders in September.

Shiba Inu nears 1.7M holders as adoption surges with nearly 9,000 new holders in September.

Shiba Inu's on-chain holders have reached 1,693,365, approaching the 1.7 million milestone as adoption grows rapidly in September. Despite recent price volatility, the meme token added 1,235 new holders in the last 24 hours and nearly 9,000 throughou...

Protocol Fundamentals
Bullish
5 hours ago
Shiba Inu selling pressure rises as exchange reserves near 88 trillion, stalling price recovery.

Shiba Inu selling pressure rises as exchange reserves near 88 trillion, stalling price recovery.

Shiba Inu's exchange reserves have surged close to 88 trillion tokens, signaling increased selling pressure and a bearish market sentiment. This rise in tokens held on exchanges indicates fewer buyers and more sellers, which has stalled the recent pr...

Market News
Bearish
1 day ago
Shiba Inu's lead Kusama silent for 137 days on X, community awaits his return amid bullish price signals.

Shiba Inu's lead Kusama silent for 137 days on X, community awaits his return amid bullish price signals.

Shytoshi Kusama, Shiba Inu's lead ambassador, has been silent on social media platform X for 137 days, sparking curiosity among the SHIB community about a potential comeback. Despite no posts since May 13, Kusama updated his X bio and location severa...

Technical Signals
Bullish
1 day ago
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