Shiba Inu
Why Shiba Inu is up 1.5% in the last hour
Analysis
Shiba Inu (SHIB) edged up about 1.5% over the past hour, likely supported by improving flow and on-chain signals highlighted in recent coverage. U.Today reported that SHIB ETF-related flows turned positive—totaling 26,470,900,000 SHIB—and noted a key metric signaling a potential resurgence, which may have boosted short-term sentiment and buying interest.
Contributing Factors (1)
26,470,900,000 SHIB Turn Positive as Key Metric Signals Resurgence
Shiba Inu's exchange flow has finally turned bullish again after multiple days of signaling rising selling pressure amid the broad crypto market downturn.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.