Shiba Inu (SHIB) experienced a massive 42,886% increase in its token burn rate within 24 hours, burning over 1.4 million tokens in two major transactions. Despite this, the memecoin faced renewed selling pressure as exchange inflows rose, indicating more tokens were being sold than withdrawn. Technical indicators like RSI and Money Flow Index suggest improving buying strength, supporting a potential recovery if SHIB holds its key support level at $0.00000483. However, ongoing spot selling and declining bullish funding rates temper optimism, making the next price moves dependent on whether support holds or breaks.
Following the recent surge in Shiba Inu's token burn rate, the coin shows signs of cautious optimism among Pluang users. As of Oct 29, 2026 06:21 WIB, SHIB trades at Rp0,0901 with a 1-day gain of 2.05%. Market activity on Pluang reveals a balanced sentiment with 53% of orders to buy and 47% to sell, while the typical holding period remains steady at 107 days.
Shiba Inu (SHIB) has dropped 13.5% in October, trading around $0.00000497 as it approaches the critical monthly close level of $0.0000050. This level is significant for technical analysis and monthly statistics, with seven consecutive daily closes be...
Shiba Inu (SHIB) rose 1.16% to $0.00000492, outperforming Bitcoin, Ethereum, XRP, and Cardano as the market awaits the Federal Reserve's rate decision. The price hovered near key levels of $0.00000485 (30-day low) and $0.0000050 (session high), showi...
Shiba Inu (SHIB) futures open interest was reported at $39.50 million and $60.85 million in two snapshots taken on October 28, but these figures are not directly comparable. The first snapshot at 8:26 a.m. ET covered 10 perpetual contracts across nin...
Two dormant crypto whales transferred 2.27 trillion PEPE tokens worth $10.19 million, triggering a 10.8% price jump for PEPE and a 1.66% rise for Shiba Inu (SHIB). This activity narrowed the market cap gap between SHIB and PEPE to a historic low of $...
Analysts Yuvraj Badodiya and Maxwell Mutuma outlined key price thresholds for Shiba Inu (SHIB) indicating possible declines or recoveries. Badodiya noted a daily close below $0.000004804 could trigger an 8.3% drop toward $0.000004403, while a close a...
