Shiba Inu's circulating supply on centralized exchanges has dropped to about 86.1 trillion SHIB, nearing the significant 100 trillion threshold. This decline indicates that investors are withdrawing tokens from exchanges to private wallets, reducing liquidity available for immediate sale and suggesting increased holder confidence. Despite this positive supply trend, SHIB's price remains in a prolonged downtrend, trading near $0.0000041 with bearish momentum dominating technical indicators. The divergence between on-chain fundamentals and price action highlights cautious market sentiment as holders prefer self-custody over selling.
Following the October 29 hack, Binance announced it holds 100.04% of Shiba Inu tokens against customer balances, signaling full backing but pending cryptographic proof. Despite this, SHIB's price fell to its lowest point in 90 days at $0.00000425, do...
SHIB topped the Korean crypto interest index with 86.1 points, showing strong domestic trading concentration despite a week of losses among the top tokens. WLD had the highest ratio of domestic to overseas trading at 21.3 times, followed by ONDO and ...
Shiba Inu's futures market on OKX showed a negative funding rate for the first time since early November, indicating more short sellers paying fees to longs as the price dropped to its lowest since July. Despite 70% of accounts betting on price rises...
Shiba Inu (SHIB) price fell to $0.0000043, down 3.7% following the surprise resignation of Nvidia CEO Jensen Huang, which caused Nvidia shares to drop around 12-13% and dragged down technology stocks and the crypto market. Bitcoin also fell 3.5%, ref...
PEPE Coin is closing in on Shiba Inu's market cap, currently at $1.86 billion versus SHIB's $2.53 billion, needing a 24-25% rise to overtake. Despite a recent 11% drop, PEPE's trading volume is ten times higher than SHIB's, showing strong speculative...
