Shiba Inu (SHIB) has shown some recovery from its August lows, currently trading around $0.00000535 and holding above a key support zone near $0.00000500. However, the token faces significant resistance at $0.00000540 and $0.00000568, limiting its upward momentum. Spot flows have turned negative, indicating tokens leaving exchanges, which could reduce sell pressure but also signal weakening bullish interest. With mixed signals from momentum indicators and futures activity, SHIB remains in a recovery phase without a clear breakout, and losing support at $0.00000500 could lead to further declines toward $0.00000480–$0.00000440.
Shibarium, the Layer-2 network for Shiba Inu (SHIB), has deployed Safe v1.4.1 smart contracts to enhance security with multisignature wallet functionality. This upgrade, verified on ShibariumScan, adds an extra layer of protection for users and suppo...
Shiba Inu (SHIB) experienced a sharp 75.55% decrease in average exchange outflows, indicating reduced accumulation and potential bearish pressure. Meanwhile, exchange inflows rose by 24.13%, shifting the short-term balance toward deposits rather than...
A Shiba Inu whale transferred 600 billion SHIB tokens valued at about $3.09 million, adding to years of gradual sales from a wallet that originally bought 1.03 quadrillion SHIB in 2020 for roughly $13,700. Despite selling over 10 trillion SHIB and ge...
In August's top crypto news, Mastercard sponsored an XRP Ledger hackathon in New York, signaling growing ties with Ripple. Legendary trader Peter Brandt reversed his bearish stance, buying Bitcoin after a key technical breakout pushed prices above $7...
Finbold's AI Agent predicts Shiba Inu (SHIB) price could drop about 2.91% by the end of September 2023, from $0.00000515 to $0.0000050. The forecast uses technical indicators like MACD and RSI, showing current bullish control but a possible short-ter...
