Shiba Inu (SHIB) burned over 34 million tokens in the past week, yet its weekly burn rate declined by 79.28%, indicating a slowdown in token removal activity. Despite the large burn volume, the burn rate remains negative, with a slight 28.17% increase in the last 24 hours. SHIB's total supply now stands at approximately 589 trillion tokens after burning 410 trillion from the initial supply. Meanwhile, SHIB's price dropped 4.44% in 24 hours amid a broader crypto market selloff driven by rising global bond yields, which reduced demand for riskier assets. This selloff led to $916 million in liquidations, mostly from long positions, signaling bearish sentiment in the market.
Shiba Inu (SHIB) has gained 20.4% this quarter but historically suffers losses in September, its worst month with an average return near -3%. The token currently struggles to break a key resistance at $0.00000537, signaling short-term risks for holde...
Shiba Inu (SHIB) has experienced a significant 79% increase in token outflows from centralized exchanges within 24 hours, with about 448 billion SHIB withdrawn compared to 135 billion deposited. This net outflow reduces the available supply on exchan...
Shiba Inu (SHIB) is trying to maintain a key technical support level near $0.000005 after losing much of its late-August gains. The price briefly rose above $0.000006 but sellers pushed it back to this critical level, which aligns with SHIB's 100-day...
Shiba Inu (SHIB) has seen a 42% decline in exchange outflows, indicating fewer tokens are being withdrawn from trading platforms. Despite this, exchange inflows remain higher than outflows, suggesting more SHIB tokens are entering exchanges, which co...
Shiba Inu (SHIB) is experiencing renewed selling pressure after its August rally, with 145.9 billion SHIB tokens flowing into exchanges on August 29, increasing available supply and potential selling activity. This comes after a strong price rebound ...
