SH
Shiba Inu
SHIB
1 Hour Move
-1.08%
$0.00 → $0.00
Why Shiba Inu is down 1.1% in the last hour
Analysis
Shiba Inu (SHIB) slipped 1.1% over the past hour despite a reported spike in token burning, suggesting the burn news didn’t translate into immediate buying support. U.Today reported a 710% jump in SHIB destruction amid a supply cut, but the market reaction in this short window still leaned risk-off, pushing price modestly lower.
Contributing Factors (1)
#1
U.Today
5 hours ago
Shiba Inu Burn Sees 710% Jump in SHIB Destruction Amid Supply Cut
Shiba Inu community turns up the heat with 710% SHIB burn rate surge emerging.
Confidence
69%
Read source
Move Details
Asset
Shiba Inu
Symbol
SHIB
Direction
↓ Bearish
Timeframe
1 Hour
Start Price
$0.00
End Price
$0.00
Change
-1.08%
Detected
May 12, 2026 11:20 AM
Explanation Confidence
69%
Moderate confidence. Multiple factors may be contributing.