SH
Shiba Inu
SHIB
1 Hour Move
+1.07%
$0.00 → $0.00
Why Shiba Inu is up 1.1% in the last hour
Analysis
Shiba Inu (SHIB) rose about 1.1% over the past hour as traders reacted to a reported spike in token burning activity. U.Today reported that 10,684,707 SHIB were burned and that the burn rate surged 439%, which can support short-term bullish sentiment by highlighting increased supply reduction efforts.
Contributing Factors (1)
#1
U.Today
Regulatory
23 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
↑ Bullish
Timeframe
1 Hour
Start Price
$0.00
End Price
$0.00
Change
+1.07%
Detected
Aug 10, 2026 7:00 AM
Explanation Confidence
71%
High confidence in the explanation based on source reliability and timing.