Shiba Inu's burn rate surged by 434.63% within 24 hours as 3.32 million SHIB tokens were sent to dead wallets, significantly higher than the previous day. This spike follows a recent peak burn of 5.5 million SHIB on June 24 and a total of 26.52 million SHIB burned over the past week, despite a 36.39% weekly decline. The burn rate increase coincided with a modest price rebound, with SHIB rising 2.08% to $0.000004266, though it remains down 8.8% for the week. The token's momentum indicators suggest it is oversold, potentially setting the stage for a relief rally amid recent bearish trends influenced by inflation data and Federal Reserve policies.
Shiba Inu (SHIB) saw a significant outflow of 281 billion tokens from exchanges in one day, which typically signals long-term holding and reduced selling pressure. However, despite this large withdrawal, SHIB's price continues to decline, indicating ...
XRP's on-chain data reveals a key support level at $0.51, with major holders concentrated around this price, signaling potential market direction. A dormant whale moved $2.5 million worth of Shiba Inu (SHIB) tokens through OTC channels amid a 23% pri...
XRP, Shiba Inu (SHIB), Bitcoin (BTC), and Dogecoin (DOGE) are currently experiencing bearish trends with sellers dominating the market. XRP remains below key support levels near $1.00, showing no strong signs of sustained buying despite high volume d...
Shiba Inu (SHIB) experienced its largest daily increase in new holders this June, adding 575 addresses and bringing the total to 1,591,792. This growth occurs amid a prolonged crypto bear market and a recent price drop to multi-year lows around $0.00...
Shiba Inu (SHIB) has shown a modest bounce after weeks of selling pressure, suggesting buyers are defending recent lows around $0.0000043–$0.0000044. Despite this, SHIB remains in a strong downtrend, trading below major moving averages like the 50-da...
