Shiba Inu (SHIB) is seeing a rise in social dominance since mid-August, signaling renewed attention from traders and investors after a quiet period. However, open interest has dropped significantly, indicating fewer leveraged positions and cautious trading despite positive funding rates. The current social buzz has yet to translate into strong buying or increased market confidence, with key indicators like RSI and DMI showing a neutral stance. For a bullish trend, increased open interest and buying activity would be needed to confirm sustained momentum.
Shiba Inu (SHIB) experienced a significant outflow of over 110 billion tokens from exchanges, potentially reducing the immediate selling supply. Despite this, the price has not risen substantially, as broader crypto market weakness continues to weigh...
Shiba Inu has seen a 26.4% increase in active addresses over the past week, rising from 1,983 to 2,506, signaling growing user participation despite its price remaining low and volatile. This surge in network activity contrasts with its weak price pe...
Shiba Inu (SHIB) saw a 14.86% spike in on-chain transfer volume as 740 whale wallets pulled billions of SHIB tokens off exchanges during a local price drop to $0.00000442. These large holders, controlling over 94% of SHIB's supply, moved tokens to co...
Shiba Inu (SHIB) has seen a sharp 66.52% decline in its average seven-day exchange outflow, indicating that holders are less actively withdrawing tokens from exchanges. This slowdown suggests a weakening in one bullish metric that typically reduces m...
Shiba Inu (SHIB) has seen a 128% increase in exchange inflows recently, signaling more tokens moving to exchanges. However, net outflows remain higher, with about 87 billion SHIB more leaving exchanges than entering, suggesting selling pressure persi...
