Shiba Inu
Why Shiba Inu is down 1.1% in the last hour
Analysis
Shiba Inu (SHIB) dipped about 1.1% over the past hour as risk sentiment likely weakened following reports of a viral SHIB “airdrop” being exposed as a wallet-draining scam. The warning may have prompted holders to avoid interacting with SHIB-related promos or reduce exposure in the near term, adding modest selling pressure.
Contributing Factors (1)
Fake Shiba Inu (SHIB) Alert: Viral Airdrop Exposed as 'Wallet Drainer' by Veteran
Shiba Inu community veteran warns of fake SHIB alert draining crypto wallets.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.