Shiba Inu
Why Shiba Inu is down 6.3% today
Analysis
Shiba Inu (SHIB) fell 6.3% over the past 24 hours despite a reported surge in trading activity, suggesting the “Easter egg” catalyst drove more churn than sustained buying. U.Today noted SHIB saw a 71% increase in trading activity after the new “Easter egg” appeared, but that heightened volume can also coincide with profit-taking and sell pressure rather than a net inflow into the token.
Contributing Factors (1)
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
Moderate confidence. Multiple factors may be contributing.