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Shiba Inu has failed to recover from its recent price drawdown, and the bearish momentum is beginning to expand to its exchange activity.While the broad crypto market is also faced with the downtrend, the latest onchain data from crypto analytics platform CryptoQuant shows that Shiba Inu exchange su…
One of Shiba Inu's most significant exchange metrics is drastically shifting in the opposite direction, despite the token being under fresh selling pressure. As the token tests a crucial technical area, outflow has increased by more than 100% in a single day, possibly offering some support.Exchange…
According to the website, 39.23 million SHIB were sent to dead wallets where they can no longer be accessed or spent in the last 24 hours, with the Shiba Inu daily burn rate up by over 88%.In the last seven days, a total of 192.84 million SHIB was burned; however, the weekly burn rate was down 38.8…
Shiba Inu ’s team said on X that “OG culture never left, neither did SHIB,” pointing to a fresh rally as proof the token still commands attention.Crypto commentator David Gokhshtein sparked the exchange, arguing that early meme coins, often called “OG” (original gangster) projects in crypto slang, a…