A major South Korean cryptocurrency whale has accumulated 361 billion Shiba Inu (SHIB) tokens, transferring them from the Coinone exchange to a single wallet worth $23.53 million. This accumulation coincides with SHIB's price testing critical moving average support levels, suggesting the whale is holding rather than selling. Small test transfers to other exchanges hint at possible future activity, while the token's price remains at a crucial support zone that could determine its near-term trend. If the support holds, SHIB may consolidate before attempting a price breakout; if it fails, a downtrend toward July lows could follow.
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...
Shibarium, Shiba Inu's layer-2 blockchain, saw a 122% increase in daily transactions from 786 on September 6 to 1,750 on September 8, 2026. This surge follows a sharp drop the previous week and indicates growing network activity. However, the rise co...
Shiba Inu cryptocurrency is gaining stronger presence in Japan following regulatory reforms that may allow the launch of the country's first cryptocurrency ETFs. This development could increase investor access to Shiba Inu through regulated financial...
Shiba Inu experienced a massive 1,307% surge in burn activity over the past 24 hours, with 46.25 million SHIB tokens permanently removed from circulation. This burn event has tightened the token's supply, potentially boosting demand and scarcity, alt...
Shiba Inu cryptocurrency is gaining stronger presence in Japan following regulatory reforms that may allow the launch of the country's first cryptocurrency ETFs. This development could boost Shiba Inu's adoption and trading volume in Japan, opening n...
