SH

Shiba Inu

SHIB 1 Hour Move
-1.01%
$0.00 → $0.00

Why Shiba Inu is down 1.0% in the last hour

Analysis

Shiba Inu (SHIB) slipped about 1.0% over the past hour despite a headline-positive token burn update. U.Today reported SHIB’s burn rate jumped 405% with 124,023,282 SHIB destroyed, but the market reaction appears muted in the near term, suggesting the burn news didn’t provide enough immediate buying support to prevent a modest pullback.

Contributing Factors (1)

#1
U.Today 16 hours ago

Shiba Inu Burn Rate Jumps 405% With 124,023,282 SHIB Destroyed

Shiba Inu burning gains momentum with 124 million tokens sent to dead wallets at August's start.

Confidence
62%
Read source

Move Details

Asset Shiba Inu
Symbol SHIB
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $0.00
End Price $0.00
Change -1.01%
Detected Aug 2, 2026 11:10 PM

Explanation Confidence

62%

Moderate confidence. Multiple factors may be contributing.