SH

Shiba Inu

SHIB 1 Hour Move
-1.06%
$0.00 → $0.00

Why Shiba Inu is down 1.1% in the last hour

Analysis

Shiba Inu (SHIB) slipped about 1.1% over the past hour despite a burn-related headline that would typically be supportive. U.Today reported that 10,684,707 SHIB were burned and the burn rate surged 439%, but the market reaction suggests this update didn’t translate into immediate buying pressure in the short timeframe.

Contributing Factors (1)

#1
U.Today Regulatory 15 hours ago

10,684,707 SHIB Burned With Shiba Inu Burn Rate Surge of 439%

Shiba Inu secures 439% rise in burn rate with millions of token sent to dead wallets.

Confidence
71%
Read source

Move Details

Asset Shiba Inu
Symbol SHIB
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $0.00
End Price $0.00
Change -1.06%
Detected Aug 9, 2026 11:15 PM

Explanation Confidence

71%

High confidence in the explanation based on source reliability and timing.