Shiba Inu
Why Shiba Inu is up 1.2% in the last hour
Analysis
Shiba Inu (SHIB) rose about 1.2% over the past hour as traders reacted to signs of improving on-chain flows, with U.Today reporting that a 38 billion SHIB netflow shift “reverted” a bearish trend and tilted sentiment bullish. Additional SHIB-focused coverage from CryptoPotato’s July 17 roundup likely kept attention on the token and supported near-term buying interest.
Contributing Factors (3)
38 Billion Shiba Inu Netflow Reverts Bullish Trend
Shiba Inu begins to face renewed pressure as bulls appear to be slowing down, causing its selling pressure to rise again.
Shiba Inu (SHIB) News Today: July 17th
Check out the latest and most important developments surrounding Shiba Inu's ecosystem.
39.27 Trillion SHIB on Robinhood, So Who Holds More?
Robinhood sitting on 39.27 trillion SHIB, but one wallet stands above all.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.