Shiba Inu's derivatives market shows renewed investor interest with a 9.38% surge in open interest, reaching 8.63 trillion SHIB in active futures contracts. This rise suggests traders are positioning for a potential price move despite ongoing market volatility. However, SHIB's spot price remains down 1.07% over 24 hours and has lost 17.87% over the week, indicating cautious sentiment among spot traders. The increased futures activity signals growing optimism about Shiba Inu's near-term prospects.
Shiba Inu's weekly burn rate increased by 491%, with 37.52 million SHIB tokens burned over the past week. This rise in token burning coincides with a broader crypto market selloff, where major cryptocurrencies hit multi-month lows, pushing Shiba Inu ...
FARTCOIN's price dropped over 16% in 24 hours, extending a 34% weekly and 58% monthly decline amid a broader memecoin market downturn. Despite increased trading volume, the surge reflects heavy selling pressure rather than buying interest. Open Inter...
Shiba Inu (SHIB) is experiencing intense selling pressure as traders rapidly unwind leveraged futures positions, causing a 1,418% drop in futures flow over eight hours. Over 488 billion SHIB tokens moved out of exchanges in 24 hours, signaling a bear...
Shiba Inu (SHIB) dropped 7.5%, breaking below its September 2021 low and a major support level, signaling continued downward pressure. Despite the price decline, trading volume rose 12% to $146 million, showing active investor interest. Market data i...
Dogecoin and Shiba Inu each dropped about 8%, breaking important support levels on heavy volume, signaling strong selling pressure. Dogecoin fell to $0.0830, hitting a key support at $0.080, while Shiba Inu broke below $0.000004780 with no clear supp...
