Investment
Features
FeesSafety
Academy
More
Pluang+

Shiba Inu rallies 10% despite 90% drop in token burns and a large OKX transfer.

Market News
21 Sep 2026
Dailycoin
View Source
Bullish
Shiba Inu rallies 10% despite 90% drop in token burns and a large OKX transfer.

Shiba Inu (SHIB) price rose over 10% to above $0.0000057, following a broader crypto market rally led by Bitcoin surpassing $85,000. However, token burn activity, a key supply reduction mechanism for SHIB, dropped by about 90% in the past day, signaling less direct supply tightening. Additionally, OKX moved 280.8 billion SHIB tokens from a cold wallet to a hot wallet, a transfer linked to liquidity management rather than a sell-off. SHIB's near-term price movement now appears more dependent on overall market trends and risk appetite than on token-specific events like burns or large transfers. Increased burn activity or more exchange wallet movements could influence future price action.

Shiba Inu (SHIB) is trading at Rp0.105 on Pluang, showing an 8.11% gain in the last day. The token's market cap stands at Rp62.81 trillion with a 24-hour trading volume of Rp2.72 trillion. This data is current as of Sep 22, 2026 01:14 WIB.

More News (SHIB)

AI predicts Shiba Inu price could rise 13% to $0.000006525 by October 1

AI predicts Shiba Inu price could rise 13% to $0.000006525 by October 1

Finbold's AI Agent forecasts a 13% increase in Shiba Inu's price to $0.000006525 by October 1, based on technical indicators and AI models. The prediction uses MACD and RSI signals showing bullish momentum, with two AI models suggesting price targets...

Technical Signals
Bullish
10 hours ago
Shiba Inu breaks key resistance, aiming for $0.00000600 after months of price cap.

Shiba Inu breaks key resistance, aiming for $0.00000600 after months of price cap.

Shiba Inu (SHIB) has surpassed a critical long-term resistance level that had capped its price recovery for two months, currently trading around $0.00000571. This breakout above the declining moving average suggests a potential trend change, with the...

Technical Signals
Bullish
11 hours ago
Shiba Inu rallies 5% but 144B SHIB netflow signals possible sell-off ahead

Shiba Inu rallies 5% but 144B SHIB netflow signals possible sell-off ahead

Shiba Inu's price surged over 5% in 24 hours, reclaiming levels above $0.0000055 amid a broader crypto market upswing. However, on-chain data reveals a large net inflow of 144 billion SHIB tokens to exchanges, indicating sellers dominate and may trig...

Technical Signals
Bearish
1 day ago
Shibarium reorganization fixed, Shiba Inu team advances Layer-2 network upgrades

Shibarium reorganization fixed, Shiba Inu team advances Layer-2 network upgrades

The Shiba Inu development team announced that the Shibarium Layer-2 blockchain reorganization issue has been resolved, marking a significant step in infrastructure upgrades. The remaining task involves completing the DRPC transition to the new enviro...

Protocol Fundamentals
Bullish
1 day ago
835 million Shiba Inu tokens flow into exchanges in 24 hours, signaling potential selling pressure.

835 million Shiba Inu tokens flow into exchanges in 24 hours, signaling potential selling pressure.

Shiba Inu (SHIB) saw a significant inflow of about 835 million tokens into exchanges within 24 hours, breaking the 800 million token barrier. This increase in exchange deposits suggests more tokens are becoming readily tradable, which could lead to s...

Technical Signals
Neutral
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App