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Shiba Inu rallies 40% on $5M spot inflows, signaling strong genuine demand for the meme coin.

Market News
27 Jul 2026
Crypto Briefing
View Source
Bullish
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Shiba Inu (SHIB) surged 40% over the weekend, reaching an intraday high of $0.00000582 and a market cap of about $3.12 billion. This rally was driven by $5 million in net spot inflows, the largest in nine months, indicating actual buying and holding rather than leveraged speculation. Trading volume jumped 1,245% to $717 million, with South Korea's Upbit exchange playing a key role. The sustained spot inflows suggest genuine accumulation, which could attract more retail and institutional interest if the trend continues.

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