Shiba Inu
Why Shiba Inu is down 4.1% today
Analysis
Shiba Inu (SHIB) fell 4.1% over the past 24 hours despite reports of a 71% jump in trading activity tied to a new “Easter egg,” suggesting the added volume didn’t translate into sustained buying support. U.Today also highlighted a 140 billion SHIB exchange outflow and its potential implications for liquidity, which may have coincided with choppier conditions and downside pressure during the period.
Contributing Factors (2)
Shiba Inu's 140 Billion SHIB Exchange Outflow: Implications for Market Liquidity
Shiba Inu is seeing some serious outflows, but it might not be enough to ease up the pressure.
Morning Crypto Report: Ripple CEO Says 'Not True' to Theranos Founder Elizabeth Holmes, Shiba Inu (SHIB) Sees 71% Increase in Trading Activity After New 'Easter Egg' Appears, Tom Lee Reveals 'Crypto Winter' Prediction for 2026
It is Feb. 15 on the crypto market, and the Ripple CEO spars with Elizabeth Holmes, SHIB volume jumps 71% on "1326" tease and Tom Lee predicts the end of crypto winter by 2026.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.