SH
Shiba Inu
SHIB
1 Hour Move
-1.24%
$0.00 → $0.00
Why Shiba Inu is down 1.2% in the last hour
Analysis
Shiba Inu (SHIB) slipped about 1.2% over the past hour despite a reported surge in token burning activity. U.Today reported a 710% jump in SHIB destruction tied to a supply cut, but the market move suggests the burn news did not translate into immediate buying support in this short timeframe.
Contributing Factors (1)
#1
U.Today
6 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
65%
Read source
Move Details
Asset
Shiba Inu
Symbol
SHIB
Direction
↓ Bearish
Timeframe
1 Hour
Start Price
$0.00
End Price
$0.00
Change
-1.24%
Detected
May 12, 2026 2:40 PM
Explanation Confidence
65%
Moderate confidence. Multiple factors may be contributing.