Daily News 19

Tag: Shib

  • 144 Billion SHIB Netflow Signals Warning Amid 5% Price Rally

    144 Billion SHIB Netflow Signals Warning Amid 5% Price Rally

    Key Highlights

    • Shiba Inu (SHIB) surged over 5% in 24 hours, reclaiming the $0.0000055 level amid a broader crypto market recovery.
    • Onchain data from CryptoQuant shows a net inflow of approximately 144.87 billion SHIB to exchanges as of September 19, signaling seller dominance rather than buying pressure.
    • Analysts warn the rally may be short-lived due to a divergence between price action and exchange netflow, suggesting insufficient demand to sustain a breakout above $0.000006.

    SHIB Price Rally Masks Rising Exchange Inflows

    Shiba Inu has posted a notable gain of more than 5% over the last 24 hours, riding a wave of renewed optimism across the digital asset market. The meme coin has successfully reclaimed its previous local high, pushing back above the psychological $0.0000055 threshold. While the price action suggests bullish momentum, underlying onchain metrics tell a more cautious story that contradicts the surface-level strength.

    CryptoQuant Data Reveals 144.87 Billion SHIB Net Inflow

    According to the latest figures published by crypto analytics platform CryptoQuant, Shiba Inu’s exchange netflow registered a modest but significant increase over the same 24-hour period. As of September 19, the netflow balance stood at roughly 144,869,700,000 SHIB. Typically, a price rally coincides with negative netflow—indicating tokens are leaving exchanges for cold storage or long-term holding. This time, however, the positive balance means more tokens are moving onto trading platforms than off them.

    Seller Dominance Undermines Breakout Hopes

    The positive netflow reading is a bearish divergence: it implies that the number of SHIB tokens deposited to exchanges for potential liquidation exceeds the volume withdrawn for accumulation by over 144 billion tokens. In practical terms, sellers are currently dictating market flow. Despite the price surge, the data suggests the rally lacks the sustained demand necessary to fuel a durable breakout toward the next major resistance level near $0.000006.

    Why This Matters

    Exchange netflow is a widely watched leading indicator for short-term price direction. A rising netflow during a price increase often precedes a correction, as it reflects profit-taking or pre-positioning for a sell-off by holders who anticipate a pullback. For Shiba Inu, which has traded sideways around the $0.000005 mark for months amid persistent volatility, the current divergence raises the probability that the recent upside will be capped. Traders and investors should monitor whether netflow reverses to negative territory—a signal that conviction buying is returning—before committing to long positions targeting higher resistance zones.

    Frequently Asked Questions

    What does a positive exchange netflow mean for SHIB?
    A positive netflow indicates more SHIB tokens are being deposited to exchanges than withdrawn. This typically signals selling pressure or profit-taking, suggesting the current price rally may not be supported by strong buying demand.
    How much SHIB flowed into exchanges in the last 24 hours?
    According to CryptoQuant data as of September 19, the net inflow was approximately 144,869,700,000 SHIB (roughly 144.87 billion tokens).
    Can SHIB still reach $0.000006 despite the netflow data?
    While technically possible if broader market momentum accelerates, analysts consider a sustained breakout above $0.000006 unlikely without a shift to negative netflow, which would confirm genuine accumulation rather than distribution.
  • Shiba Inu (SHIB) Builds ‘Bull Combo’: Will Weekly Chart Finally Delete a Zero?

    Shiba Inu (SHIB) Builds ‘Bull Combo’: Will Weekly Chart Finally Delete a Zero?

    Key Highlights

    • Shiba Inu ($SHIB) forms a classic bullish RSI divergence on the weekly chart while trading near a local bottom at $0.00000547, signaling potential seller exhaustion.
    • The token has posted a 6.72% weekly gain and established local support, but faces critical resistance at the 200-week moving average near $0.0000122.
    • A confirmed breakout above the 200-week MA is required to validate the bullish setup and potentially remove another zero from SHIB’s price.

    Bullish RSI Divergence Emerges on Shiba Inu Weekly Chart

    A rare technical configuration has materialized on Shiba Inu ($SHIB) that has caught the attention of cryptocurrency analysts and traders. The meme-inspired asset is currently trading near its local bottom at $0.00000547, reflecting a 6.72% weekly gain. More significantly, the weekly chart displays a textbook bullish Relative Strength Index (RSI) divergence, a pattern that historically precedes trend reversals after prolonged downtrends.

    Over the past several months, SHIB’s price action has consistently printed lower lows. However, the RSI oscillator on the weekly timeframe has countered this trajectory by forming a series of higher lows. This negative correlation between price momentum and the indicator typically signals that selling pressure is waning and that a hidden influx of liquidity may be accumulating beneath the surface. The divergence suggests the bearish trend is running out of steam, providing a technical foundation for a potential recovery.

    Local Support Holds as Moving Averages Come Into Focus

    Buyers have successfully established a local support level, halting aggressive bearish momentum and reducing the probability of further near-term declines. The current green weekly candle has allowed the price to defend critical lows, while the asset attempts to convert short-term moving averages into dynamic support zones. Such price stabilization, combined with the RSI divergence, often precedes impulsive breakouts from extended consolidation or downtrend phases, according to technical analysis sourced from TradingView.

    Critical Resistance Looms at the 200-Week Moving Average

    Despite the constructive technical signals, the path to “removing another zero” from SHIB’s price remains obstructed by a formidable barrier. The primary resistance sits significantly higher at $0.0000122, where the 200-week moving average (MA) resides. This long-term trend filter acts as the principal overhead resistance on the broader chart and has historically rejected price advances, often triggering deep corrections when tested.

    For the current bullish combo to evolve into a sustained uptrend, a decisive breakout above the 200-week MA is essential. Until that level is reclaimed, the market remains under strong psychological pressure, and the recent surge risks being classified as a temporary rebound rather than a trend reversal. The asset’s trajectory hinges entirely on whether buying momentum can accumulate sufficiently to penetrate this key moving average.

    Why This Matters

    The formation of a bullish RSI divergence on the weekly timeframe represents one of the most closely watched reversal signals in technical analysis, particularly for assets that have endured prolonged bear markets. For Shiba Inu, a token with a massive circulating supply and a dedicated retail following, the psychological milestone of “removing a zero” carries outsized narrative weight. A successful break of the 200-week MA would not only validate the divergence but could also reignite speculative interest and liquidity flows into the SHIB ecosystem. Conversely, failure at this resistance would likely extend the consolidation phase, testing the resolve of long-term holders and potentially inviting further downside toward the established local bottom.

    Frequently Asked Questions

    What is the current price of Shiba Inu and its weekly performance?
    As of the latest analysis, Shiba Inu ($SHIB) is trading near $0.00000547, reflecting a 6.72% gain on the weekly chart.
    What is the key technical signal supporting a potential SHIB rally?
    A classic bullish RSI divergence has formed on the weekly timeframe, where price has made lower lows while the RSI has printed higher lows, indicating exhausted selling pressure.
    What is the main resistance level SHIB must overcome to confirm an uptrend?
    The critical resistance is the 200-week moving average at approximately $0.0000122. A confirmed breakout above this level is necessary to validate the bullish setup and target higher prices.
  • Major Shiba Inu (SHIB) Pattern: Triangle Breakout Nears as Whale Concentration Hits 94.68%

    Major Shiba Inu (SHIB) Pattern: Triangle Breakout Nears as Whale Concentration Hits 94.68%

    Shiba Inu ($SHIB) is exhibiting classic pre-breakout conditions as the token compresses at the apex of a large symmetrical triangle on the daily chart. Simultaneously, on-chain data from Etherscan reveals an extreme concentration of supply among a tiny cohort of wallets, a dynamic that suggests any directional move could be swift and decisive.

    Whale Dominance Defines $SHIB Market Structure

    According to Ethereum’s Token Analytics module, 94.68% of the circulating SHIB supply is controlled by just 808 addresses, representing a mere 0.05% of all token holders. The disparity is pronounced: the top 100 wallets alone command 82.73% of the supply, while the vast majority of retail investors—numbering in the millions—hold only 0.04% of tokens.

    This structural reality means price trajectory depends almost entirely on the trading decisions of a few hundred entities capable of directing trend irrespective of broader retail demand. With liquidity locked in such a narrow group, a breakout from the current technical pattern is likely to produce a directional and rapid price impulse.

    Key Technical Levels to Watch

    Traders are monitoring two critical triggers at the triangle’s boundaries that will dictate the next major move:

    • Bullish trigger: A daily candle close above $0.00000540 resistance would open a direct path toward $0.000006 and $0.000008.
    • Bearish trigger: A break below psychological support at $0.00000500 would likely prompt large holders to cut losses, sending $SHIB to new local lows.

    Price Compression at Critical Apex

    On the daily TradingView chart, the descending resistance trendline from the August highs near $0.00000600 has converged with the long-term ascending support line, trapping price near $0.00000520 after a 1.71% decline over the past 24 hours. The Relative Strength Index (RSI) sits at a neutral 54.54, signaling a temporary equilibrium immediately before the asset exits a corridor that leaves no room for further consolidation.

    Current on-chain market capitalization stands at $5.19 billion. However, given the overwhelming dominance of large holders, the coming breakout—whichever direction it takes—will be driven by the actions of a concentrated few rather than broad market participation.

  • 241 Billion Shiba Inu Netflow Threatens Rally

    241 Billion Shiba Inu Netflow Threatens Rally

    Shiba Inu Rally Stalls as Exchange Inflows Signal Rising Sell Pressure

    Shiba Inu ($SHIB) opened the session with a bullish advance of roughly 4%, but on-chain data suggests the uptick may be losing steam as traders move large volumes of tokens back onto trading platforms.

    Exchange Netflow Turns Sharply Positive

    According to the latest figures from CryptoQuant, Shiba Inu recorded a net exchange inflow of 241,877,000,000 $SHIB over the past 24 hours. A positive netflow of this magnitude typically signals bearish sentiment, as it indicates that the volume of tokens deposited to exchanges for selling far exceeds the amount withdrawn for accumulation.

    The data implies that market participants are opting to realize gains following the recent price recovery rather than add to positions. With sellers dominating order flow, the path of least resistance for $SHIB appears tilted to the downside in the near term.

    Price Action Reverses Intraday

    Consistent with the on-chain shift, $SHIB erased its early gains and slipped into negative territory. As of the latest print, the token trades down approximately 0.45% on the day, underscoring how quickly exchange-driven supply can overwhelm buying interest.

    Market Watchers Await Flow Reversal

    Traders are now monitoring exchange netflow metrics for signs of a turnaround. A return to negative netflow — where withdrawals exceed deposits — would suggest renewed accumulation and could provide the catalyst for a faster price recovery.

  • Bury 2.0 goes live-Shib, leash and bone owners receive defi tools and voting rights

    Bury 2.0 goes live-Shib, leash and bone owners receive defi tools and voting rights



    • Bury 2.0 introduces Vetoken, who give Shib, Leash and Bone owners governance rights and defi access.
    • Gamified premiums and localized governance improve the staking experience and promote the commitment of the community.

    The long-awaited Bury 2.0-upgrade from Shiba Inu is now live and changes the system’s stacking process. The revision offers more than just passive rewards.

    With the introduction of vetoke – voting tokens – users receive voting rights and access to decentralized financial tools (Defi). The new system is intended to integrate the owners of Shiba Inu in a more active manner and have an impact on corporate management, more financial options and entertaining premiums through longer staking times.

    New staking modalities-influence and premiums combined

    The most important change in Bury 2.0 is that introduction From Vetoken. When users stake their Shib, Leash, Bone or Treat tokens, you will receive Vetoken such as Veshib or Vebone. The tokens have two great advantages: governance voting and better premiums. The longer the vetoken are blocked, the more powerful they become. In this way, a system is created in which users who are involved over a longer period of time are given more influence on decisions of the Shiba Inu-System.

    As the marketing manager of Shiba Inu explained, the vetoken gives the owners a direct say in relation to the future of the platform. This includes decisions about financing, community initiatives and upcoming updates.

    Voting rights apply proportionally to the duration of the stacking lock, which promotes long-term bond. With this system, Shiba Inu wants to ensure that setting token is no longer just a passive activity, but an interactive and strategic way of participating in the control of the ecosystem.

    Defi tools available at any time

    In addition to the control, Bury 2.0 also integrates decentralized financial functions (DEFI). By using vetoken, users unlock access to Yield Farming, liquidity pools and other defi services. This enables the tokens used to generate more growth opportunities that go beyond traditional rewards.

    Lucie emphasized that this integration made sure that the tokens are not just “standing”, but actively contributing to the system’s financial activities. For users, it means that they have more opportunities to increase their stocks and at the same time remain committed to the community. By combining staking with defi options, Bury 2.0 bridges the gap between passive staking and active participation.

    Gamified rewards and localized control

    Bury 2.0 introduces a playful element into the missions. Users who remain active in the ecosystem and commit themselves for longer operations receive a number of rewards, including Airdrops, giveaways and loyalty. With this new function, staking should be fun and be interactive to motivate users to stay with it longer.

    Another exciting innovation is the introduction of a localized administration. Each state within the Shiba Inu Network can spend its own version of Vetoken, e.g. vestate. This means that communities can have their own rules, rewards and voting systems that reflect their unique interests and priorities.

    Whether it is about the financing of NFTs, supporting community projects or promoting defi innovations, every state has flexibility to go its own way. This decentralized approach adds another level of engagement and enables users to influence their immediate ecosystem and at the same time to participate in the larger Shiba Inu network.

    The introduction of Bury 2.0 represents a change in the way staking in Shiba Inu works. It promotes long -term commitment, stronger participation in the administration and the activation of new financial instruments. Due to the interactive and worthwhile design of the use, Shiba Inu wants to build a more active and committed community and transform the use of a passive task into a strategic experience.