Shiba Inu (SHIB) futures trading volume surged by 60.10% to over $140 million, defying a market slowdown caused by the SpaceX IPO capturing most investor attention. While major cryptocurrencies like Bitcoin and Ethereum saw a 10-15% drop in trading volumes, SHIB's futures activity and price showed strength, with a 2.59% price gain and increased open interest. This spike is driven by speculative leveraged contracts as traders anticipate a technical rebound after SHIB reached oversold levels. The surge highlights SHIB's unique position amid a largely frozen crypto market during a major stock debut.
Shiba Inu burned 4.99 million tokens in the last 24 hours, but the burn rate only increased by 20.86%, showing little movement. Over the past week, 17.32 million SHIB were burned, with the weekly burn rate actually falling by 14.42%, reflecting weak ...
Over 64 billion Shiba Inu (SHIB) tokens were transferred across exchanges within 24 hours, indicating heightened market activity. This surge comes as SHIB faces technical weakness, trading below key support and moving averages, suggesting a bearish t...
XRP has entered a weak phase after losing key support at $1.30, facing resistance overhead and risk of further decline toward $1.00. Zcash showed resilience after a sharp drop caused by a bug exploit, recovering to around $430 and holding above its 2...
Shiba Inu (SHIB) recently formed a golden cross on its hourly chart, indicating a short-term bullish signal as the 50-day moving average crossed above the 200-day moving average. This comes after a two-day price decline influenced by inflation concer...
Shiba Inu (SHIB) has seen renewed buying interest around the $0.000005 level after a period of decline, driven by an oversold market signal. The token faces key resistance at $0.00000519 and $0.00000573, with the ultimate bullish target set at $0.000...
