SH
Shiba Inu
SHIB
1 Hour Move
+1.01%
$0.00 → $0.00
Why Shiba Inu is up 1.0% in the last hour
Analysis
Shiba Inu (SHIB) edged up about 1.0% over the past hour despite a largely negative fundamental update. U.Today reported that SHIB’s burn rate hit a multiweek low alongside falling network activity, which may have limited upside and suggests the move wasn’t driven by improving on-chain metrics.
Contributing Factors (1)
#1
U.Today
1 week ago
Shiba Inu Burn Rate Hits Multiweek Low as Network Activity Falls
Despite less than 500 Shiba Inu being torched within the past 24 hours, the SHIB price has soared.
Confidence
61%
Read source
Move Details
Asset
Shiba Inu
Symbol
SHIB
Direction
↑ Bullish
Timeframe
1 Hour
Start Price
$0.00
End Price
$0.00
Change
+1.01%
Detected
Feb 12, 2026 11:10 PM
Explanation Confidence
61%
Moderate confidence. Multiple factors may be contributing.