SH
Shiba Inu
SHIB
24 Hour Move
-4.05%
$0.00 → $0.00
Why Shiba Inu is down 4.0% today
Analysis
Shiba Inu (SHIB) fell about 4.0% over the past 24 hours despite a reported spike in token burning, suggesting the burn-related catalyst wasn’t enough to support near-term price action. U.Today reported a 710% jump in SHIB destruction tied to a supply cut, but the market still traded lower over the same window.
Contributing Factors (1)
#1
U.Today
10 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
61%
Read source
Move Details
Asset
Shiba Inu
Symbol
SHIB
Direction
↓ Bearish
Timeframe
24 Hours
Start Price
$0.00
End Price
$0.00
Change
-4.05%
Detected
May 12, 2026 5:45 PM
Explanation Confidence
61%
Moderate confidence. Multiple factors may be contributing.