Shiba Inu (SHIB) has 94.5% of its circulating supply controlled by just 707 large wallets, creating a liquidity shortage on exchanges. This concentration could lead to a sharp price rebound, potentially boosting SHIB's market cap by 39% to around $3.5 billion. Such a rise could push SHIB from 31st to within the top 25 cryptocurrencies by market capitalization, overtaking several major coins. Technical indicators also suggest the coin's decline may be nearing its end, supporting a potential comeback fueled by whale-driven market moves.
Coinbase transferred 1.16 trillion Shiba Inu (SHIB) tokens, worth about $4.95 million, to three new isolated wallets, bypassing the spot market and avoiding price impact. Most of the tokens came from Coinbase Prime Custody addresses, indicating a mov...
Shiba Inu experienced a significant net outflow of 87.57 billion SHIB tokens, indicating that withdrawals from exchanges exceeded deposits by this amount. This large net outflow suggests increased buying activity as investors move tokens off exchange...
Shiba Inu (SHIB) shows 7 out of 10 key on-chain indicators as bullish, suggesting improving network activity despite its price struggling near local lows. Metrics like reduced exchange reserves, negative exchange netflow, increased active addresses, ...
Shiba Inu (SHIB) saw a 122% surge in token burns recently, with over 13 million tokens removed from circulation in one day. Despite this, SHIB's price remains flat around $0.0000042, reflecting the challenge of reducing supply enough to impact price ...
Shibarium's testnet, Puppynet, has relaunched after a two-year pause, resuming transactions and inviting developers to test new features. This revival supports Shibarium's roadmap for scaling, token burns, and ecosystem growth, aiming to boost Shiba ...
