Shiba Inu (SHIB) tokens worth only $11 were burned in the last 24 hours, totaling 2.34 million SHIB, marking a decline in the burn rate across nearly all timeframes. The weekly burn rate dropped 21.77% despite 35.30 million SHIB burned, and the monthly burn rate fell 12.58% with 110.45 million SHIB burned. This decline reflects weak market sentiment, with SHIB trading near recent lows and showing mostly negative price action. The broader crypto market remains sluggish, and upcoming economic data on inflation may influence future trends.
Shiba Inu (SHIB) saw a sharp increase in token inflows to exchanges, with reserves rising to 80.5 trillion tokens. This surge reflects large holders moving funds to trading platforms, reversing months of accumulation and causing the price to drop to ...
Shiba Inu (SHIB) exchange reserves surged by 600% to 80.5 trillion tokens as large holders moved assets back to exchanges, signaling a shift from long-term holding to selling. This sudden inflow caused SHIB's price to drop to around $0.0000044, refle...
Shiba Inu (SHIB), XRP, and Bitcoin (BTC) are experiencing downward pressure with prices struggling to recover key support levels, indicating continued bearish trends. SHIB is below major moving averages and near critical support, XRP is failing to re...
Japanese crypto exchange Rakuten Wallet is enhancing support for Shiba Inu (SHIB) by launching dedicated educational content and promotional campaigns. The exchange announced a special video series titled "Understanding SHIB," led by its senior analy...
Shiba Inu (SHIB) is approaching a key on-chain milestone as its exchange reserves near 80 trillion tokens, a level closely watched for its impact on market liquidity and selling pressure. Recent data shows a sharp increase in tokens moving to exchang...
