Shiba Inu
Why Shiba Inu is down 1.0% in the last hour
Analysis
Shiba Inu (SHIB) slipped about 1.0% over the past hour as traders reacted to reports that Binance will delist the SHIB/DOGE pair as part of a broader removal of 21 trading pairs, which can weigh on sentiment and near-term liquidity for affected markets. SHIB also tracked a wider crypto pullback highlighted alongside an 87% drop in SHIB burn activity, reinforcing the risk-off tone during the move.
Contributing Factors (2)
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.