Shiba Inu burned 1,535,066 SHIB tokens in the last 24 hours, but the daily burn rate fell by 43%, continuing a downward trend since May 27 when over 7 million tokens were burned. The weekly burn rate also declined by 44.22%, indicating fewer tokens are being permanently removed from circulation. This slowdown in token burning coincides with Shiba Inu's price dropping about 12.5% in May, ending a two-month gain streak. Support is expected around $0.000005, with resistance near $0.000006, as the market reacts to broader crypto developments including new U.S. regulated futures products.
Shibarium, the blockchain platform linked to Shiba Inu, saw a sharp increase in daily crypto transactions, reaching 7,220 on May 26, 2026, after months of staying below 1,000 transactions per day. This surge coincides with a broader crypto market rec...
Shiba Inu (SHIB) exchange reserves are close to falling below the 80 trillion token mark for the first time in a long time, a key psychological and structural threshold. This decline suggests investors are moving SHIB off exchanges into private walle...
In 2026, Shiba Inu (SHIB) futures trading volumes significantly outpace spot trading, making derivatives the key driver of price action even when broader markets are stagnant. Open interest (OI) and liquidity structure provide crucial insights into m...
Shibarium, the layer 2 blockchain for Shiba Inu, experienced a sharp increase in daily transactions from 732 on May 23 to 7,220 on May 26, followed by a drop and another rise forming an 'M' pattern on the transaction chart. This surge marks a notable...
Shiba Inu (SHIB) has seen a significant shift as 164 billion tokens left exchanges in the past 24 hours, indicating negative netflows and reduced sell-side pressure. This change suggests investors are withdrawing SHIB from centralized platforms, whic...
