The US government transferred about 54.9 billion Shiba Inu (SHIB) tokens, worth roughly $250,000, as part of asset management from the FTX bankruptcy estate. This movement reflects ongoing liquidation efforts rather than a targeted sell-off, with recovered crypto assets being converted to cash for creditor repayments. Despite concerns, the transfer size is small relative to SHIB's daily volume, so immediate market impact is expected to be limited. SHIB's price remains influenced mainly by broader crypto market trends, trading slightly down amid cautious investor sentiment.
Shiba Inu (SHIB) experienced a significant trading volume of 1.34 billion SHIB within 24 hours, following a market-wide downturn that wiped out over $1 billion in leveraged positions. This surge in volume reflects a mix of forced selling and dip buyi...
Shiba Inu (SHIB) recorded zero tokens sent to burn addresses in the latest 24-hour period, valued at $0. However, token burns continued over longer periods, with 401 million SHIB burned in the past seven days and over 707 million in the past 30 days....
Shiba Inu experienced a rare halt in its token-burning activity, with zero SHIB tokens burned over a 24-hour period, marking a 100% collapse in the burn rate. This contrasts sharply with the previous day when over 91 million SHIB were burned. The pau...
Crypto markets experienced a deeper correction on October 9, with Zcash and Ether showing significant downside risks. Zcash traded around $1,190, close to a critical support level of $1,180, while Ether hovered near $2,525, just above its main suppor...
Shiba Inu (SHIB) token price fell after reaching a high of $0.000006018 on October 5, closing at $0.00000540 on October 8. The decline followed the release of Federal Open Market Committee minutes on October 7, which highlighted ongoing elevated infl...
