Investment
Features
FeesSafety
Academy
More
Pluang+

Shiba Inu nears breakout as token burns surge 1,395% and whales accumulate over 4 trillion SHIB.

Technical Signals
04 Aug 2026
Blockonomi
View Source
Bullish
pluang ai news

Shiba Inu (SHIB) is trading near $0.0000055 with a $2.94 billion market cap, showing a falling wedge pattern that could signal a bullish breakout. Token burns have surged dramatically, with 3.24 billion SHIB burned in the past 30 days—a 1,395% increase—reducing supply and potentially supporting price gains. Meanwhile, whales have moved over 4 trillion SHIB off exchanges, indicating accumulation despite a recent price pullback. Traders are closely watching burn rates, whale activity, and chart patterns for signs of a possible strong rally ahead.

More News (SHIB)

Shiba Inu price predicted to rise nearly 18% by end of August, fueled by growing memecoin demand.

Shiba Inu price predicted to rise nearly 18% by end of August, fueled by growing memecoin demand.

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...

Technical Signals
Bullish
22 hours ago
Half a trillion Shiba Inu tokens withdrawn from exchanges, signaling mixed market activity and potential accumulation.

Half a trillion Shiba Inu tokens withdrawn from exchanges, signaling mixed market activity and potential accumulation.

Over half a trillion Shiba Inu (SHIB) tokens were withdrawn from exchanges in the past 24 hours, showing a complex market dynamic.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...

Technical Signals
Neutral
22 hours ago
SHIB token burns surge, hinting at strategic moves ahead of potential August rally

SHIB token burns surge, hinting at strategic moves ahead of potential August rally

Shiba Inu (SHIB) has significantly increased its token burn activity, with over 83 million SHIB burned recently and a 1,395% rise in monthly burn rate. This move appears strategic rather than routine, supported by strong whale accumulation and a tech...

Protocol Fundamentals
Bullish
1 day ago
Shiba Inu's token burn rate surges 1483%, sparking renewed community buzz and wallet intrigue.

Shiba Inu's token burn rate surges 1483%, sparking renewed community buzz and wallet intrigue.

Shiba Inu's monthly token burn rate jumped by 1483.36%, with over 3.2 billion SHIB tokens removed from circulation in the past 30 days. This sharp increase has reignited interest among the SHIB community, alongside blockchain analysis revealing a wal...

Protocol Fundamentals
Bullish
1 day ago
Shiba Inu (SHIB) and other tokens launch on OKX's MiFID-regulated X-Perps platform in Europe

Shiba Inu (SHIB) and other tokens launch on OKX's MiFID-regulated X-Perps platform in Europe

Shiba Inu (SHIB) has been listed on OKX's MiFID-regulated X-Perps platform in Europe, allowing traders to access leveraged exposure to SHIB and other crypto tokens like AEON and Zilliqa, as well as tokenized U.S. equities such as Robinhood and Qualco...

Market News
Bullish
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App