Shiba Inu
Why Shiba Inu is up 1.4% in the last hour
Analysis
Shiba Inu (SHIB) rose about 1.4% over the past hour as traders reacted to signs of improving on-chain activity, with U.Today highlighting a surge to roughly 33.2B SHIB moved in 24 hours—framed as a key metric turning bullish again. Additional support may have come from U.Today’s report that SBI VC Trade expanded its crypto lending lineup to include SHIB, which can be interpreted as incremental adoption/utility from a major platform even as broader whale-flow concerns persist.
Contributing Factors (3)
33,217,400,000 SHIB in 24 Hours: Shiba Inu Crucial Metric Becomes Bullish Again
Shiba Inu exchange flows over the last day signal declining sell-side pressure as demands appear to be growing following the brief resurgence seen yesterday.
SBI VC Trade Giant Starts Lending XRP, SHIB, BTC: Here's Full List of Coins
SBI VC Trade expands the list of crypto that users can stake on it.
Can Shiba Inu hold KEY support as whales dump 32B SHIB?
SHIB faces bearish pressure as whales sell, support weakens, and leveraged traders eye critical downside levels.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.