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 persists. Despite the inflow spike, SHIB's price remains below key resistance levels and moving averages, indicating the market drop is unlikely to stop without stronger demand. The current bearish trend will continue unless SHIB breaks above $0.00000457–$0.00000490 with improved momentum.
Shiba Inu trades at $0.00000446, close to its 12-month low and 68.8% below its yearly high, reflecting a 65.5% decline over the past year. The price remains below key moving averages, signaling an ongoing downtrend, while trading volume is below aver...
Shiba Inu's open interest rose 13.4% to $52.79 million, with a 4.03% price uptick on August 14, indicating short-term bullish momentum. However, technical analysis shows the price hit a strong resistance zone and momentum indicators favor bears, sugg...
Shibarium, the layer-two network of Shiba Inu, has seen its decentralized exchange (DEX) volume drop sharply by 97.46% over the past week, falling to just $1.81. This decline reflects the broader bearish trend in Shiba Inu's price and cautious invest...
Shiba Inu saw a net exchange outflow of about 1.2 billion tokens in 24 hours, but this amount is too small relative to its massive total supply of nearly 1 quadrillion tokens to impact the price meaningfully. Exchange reserves remain high at 87.33 tr...
Bitway surged 13.6% to $0.3030, driven by anticipation of its upcoming network upgrade, boosting its market cap to $819.18 million. Meanwhile, Uniswap dropped 6.9% to $3.22, likely due to regulatory pressures in the DeFi sector. Other altcoins like I...
