Shiba Inu
Why Shiba Inu is up 1.5% in the last hour
Analysis
Shiba Inu (SHIB) rose about 1.5% over the past hour as traders reacted to signs that the recent heavy outflows are easing. U.Today reported that while SHIB saw a large 24-hour outflow figure, exchange conditions are “getting better,” which can be read as reduced immediate sell-pressure and improved near-term sentiment.
Contributing Factors (1)
-207,000,000,000 Shiba Inu (SHIB) in 24 Hours, But It's Getting Better on Exchanges
The market situation is getting worse for Shiba Inu, but at least exchange pressure is descending.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.