Shiba Inu
Why Shiba Inu is down 1.7% in the last hour
Analysis
Shiba Inu (SHIB) slipped about 1.7% over the past hour as sentiment likely weakened following reports of a viral “SHIB airdrop” being exposed as a wallet-draining scam. U.Today highlighted warnings from a veteran community figure about the fake airdrop, which can prompt risk-off behavior and short-term selling as traders avoid potential phishing or malicious links.
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
Moderate confidence. Multiple factors may be contributing.