High-cap memecoins like SHIB, PEPE, and DOGE have seen significant capital inflows, with SHIB leading a 37% rally supported by whale buying and increased token burns. This concentrated speculative interest is driving momentum but also raising risks due to rising leverage, especially in derivatives. The buildup could either trigger a sharp correction or spark a broader memecoin cycle as August approaches, making SHIB a key indicator for the sector's next phase.
Shiba Inu (SHIB) surged 36% to $0.0000057, reaching its highest level in over two months and boosting its market cap to around $3.4 billion. The rally was driven by heavy trading on South Korea’s Upbit exchange, which accounted for over 10% of global...
Shiba Inu (SHIB) surged 36%, fueled by heavy buying from South Korean retail investors, pushing its price to around $0.0000043-$0.000005. South Korea's Upbit exchange saw SHIB trading volumes nearly matching Binance, highlighting strong local interes...
Shiba Inu's price surged about 36% to $0.0000057, adding roughly $1 billion in market value in a single day without any new announcements or developments. The rally was mainly fueled by South Korean traders on the Upbit exchange, where the SHIB/KRW t...
Shiba Inu surged 22.8% to $0.000005, topping the altcoin gainers chart as optimism about its ecosystem expansion drives interest. Other notable increases include Avalanche (+8.1%), Venice Token (+5.8%), Canton (+5.1%), and Audiera (+4.6%), reflecting...
Shiba Inu lead ambassador Shytoshi Kusama has been silent on social media platform X for 74 days, a pattern seen before during which he focuses on development projects like an independent AI initiative. His silence has left the SHIB community to rely...
