Shiba Inu (SHIB) saw its daily burn rate increase by over 350%, removing 12.47 million tokens from circulation in 24 hours, signaling efforts to reduce supply. Exchange outflows continued, indicating less immediate selling pressure as investors moved tokens off exchanges. Large investors, or whales, increased their market activity, absorbing liquidity despite subdued price action. Technical indicators like MACD show improving momentum, with SHIB holding key support levels. While these factors suggest strengthening market conditions, a confirmed breakout above resistance is needed for a sustained price recovery.
A new large Shiba Inu (SHIB) holder emerged by transferring 162.43 billion SHIB tokens, worth about $672,476, from Coinbase Prime to a fresh wallet with no prior activity. This move suggests institutional investors are quietly accumulating SHIB durin...
Over 160 billion Shiba Inu (SHIB) tokens have been transferred to exchanges, increasing the likelihood of selling pressure as the price nears a critical resistance level around $0.0000118. Exchange inflows have surged, with net inflows positive, indi...
Shiba Inu remains in a long-term downtrend, struggling below key moving averages and near oversold levels, with limited buying interest. Solana shows a stronger technical outlook, maintaining support above key averages and poised for a potential brea...
Shiba Inu (SHIB) is experiencing a significant 65% drop in daily token outflows from exchanges, indicating investors are less inclined to hold tokens long-term. Concurrently, about 96 billion SHIB tokens have been moved back to exchanges, raising con...
Shiba Inu (SHIB) historically sees positive returns in July, but in 2026 it faces pressure with a 1.29% decline so far. The coin lost nearly 30% in Q2 and trades near $0.0000041, outside the top 30 cryptocurrencies by market cap. Despite record token...
