Shiba Inu
Why Shiba Inu is up 1.6% in the last hour
Analysis
Shiba Inu (SHIB) rose 1.6% over the past hour as sentiment appeared to improve after U.Today reported SHIB-related flows turning positive (26.47B SHIB) and a key metric signaling a potential resurgence. That constructive flow signal likely outweighed near-term concerns from U.Today’s note about Binance planning to delist the SHIB/DOGE pair (and other pairs), which affects a trading pair rather than SHIB’s overall availability.
Contributing Factors (3)
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.
Binance Delisting Alert: SHIB/DOGE and 21 Crypto Pairs to Be Axed on This Date
Delisting move on Binance affects trading pairs of Bitcoin, Shiba Inu, Toncoin and meme coins, among others.
Shiba Inu (SHIB) Burns Crash by 87%, Mirroring Crypto Market Plunge
SHIB burns collapse as the crypto market goes down, with Bitcoin crashing below $90,000.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.