SH
Shiba Inu
SHIB
1 Hour Move
+1.08%
$0.00 → $0.00
Why Shiba Inu is up 1.1% in the last hour
Analysis
Shiba Inu (SHIB) ticked up about 1.1% over the past hour as traders reacted to reports of a sharp increase in token burns, which can support sentiment around supply reduction. U.Today reported a 710% jump in SHIB destruction amid a supply cut, likely helping drive the short-term move higher.
Contributing Factors (1)
#1
U.Today
1 day 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
70%
Read source
Move Details
Asset
Shiba Inu
Symbol
SHIB
Direction
↑ Bullish
Timeframe
1 Hour
Start Price
$0.00
End Price
$0.00
Change
+1.08%
Detected
May 13, 2026 9:40 AM
Explanation Confidence
70%
High confidence in the explanation based on source reliability and timing.