Daily News 19

Tag: Shiba Inu

  • 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bearish sentiment, as it indicates that the volume of tokens deposited to exchanges for selling far exceeds the amount withdrawn for accumulation.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.

  • 463 Billion Shiba Inu in 24 Hours: Can Bulls Save SHIB Price?

    463 Billion Shiba Inu in 24 Hours: Can Bulls Save SHIB Price?

    Shiba Inu Exchange Outflows Surge as SHIB Tests Critical Support Zone

    Shiba Inu ($SHIB) is approaching a pivotal technical support area while exchange data reveals a significant shift in token distribution. Recent on-chain metrics show hundreds of billions of SHIB tokens exiting centralized exchanges, a development that typically reduces immediate sell-side pressure and could provide a supply-side tailwind for bulls.

    Exchange Netflow Turns Sharply Negative

    According to the latest exchange flow data, the measured period recorded approximately 461.4 billion $SHIB in outflows against 229.0 billion $SHIB in inflows. This produces a negative netflow of roughly 232.4 billion $SHIB, meaning substantially more tokens left tracked exchanges than entered them.

    Exchange reserves corroborate the outflow trend. Total reserves declined by 0.27% to approximately 86.97 trillion $SHIB, while the dollar value of those reserves fell 1.43% to $440.9 million. Notably, transfer counts increased only 0.87% to 4,429, suggesting the withdrawal imbalance stems from larger average transaction sizes rather than a surge in transaction volume.

    Persistent exchange outflows generally benefit price action by reducing immediately available sell-side liquidity. However, the signal alone does not guarantee a recovery. The seven-day moving average of mean exchange outflows has decreased by 37.5%, indicating withdrawal intensity is weakening relative to its recent baseline.

    Technical Picture: SHIB at a Decisive Support Cluster

    The price chart underscores why the coming sessions are critical. $SHIB has reversed from its September local high of $0.00000555 and is currently trading near $0.00000505. The correction also broke the rising trendline that underpinned the late-August recovery.

    Price has now landed on a significant support cluster:

    • A longer-term moving average sits near $0.00000496
    • An intermediate (orange) moving average rests around $0.00000504

    If bulls can defend the $0.00000495–$0.00000505 zone, a momentum rebuild toward $0.0000053 and ultimately the $0.0000055–$0.0000057 region becomes plausible.

    Momentum Indicators Flash Caution

    Short-term momentum currently favors sellers. The Relative Strength Index (RSI) has dropped to approximately 47.3, falling below its signal line near 54.2. This confirms buyers have lost their near-term advantage.

    Outlook: Outflows Help, but Price Confirmation Required

    The 461 billion $SHIB outflow is a constructive development, yet bulls still need price confirmation to validate a recovery. Should the current support cluster fail, $SHIB could quickly retreat toward the $0.0000047–$0.0000045 area despite the positive exchange flow data.

  • 125B SHIB Tokens Leave BitGo as Price Tests $0.00000515 Support

    125B SHIB Tokens Leave BitGo as Price Tests $0.00000515 Support

    Shiba Inu Tests Critical $0.00000515 Support as 125.33 Billion SHIB Tokens Move from BitGo

    Shiba Inu ($SHIB) is trading near a pivotal technical level as a significant on-chain transfer adds a fresh catalyst to the price action. As of early September 11, 2026, the token is priced at approximately $0.00000510, testing the key $0.00000515 support zone, which aligns with the 0.5 Fibonacci retracement level.

    Technical Setup: Can $SHIB Defend $0.00000515?

    The token recently closed near the $0.00000503–$0.00000504 range on September 10 and is attempting a modest recovery. The ability to reclaim and hold above $0.00000515 with active buying pressure will determine whether the current recovery structure remains intact.

    If support holds, the next major upside target is $0.00000583, followed by the $0.0000059–$0.00000615 fair value gap (FVG). A sustained breakout above this FVG would reinforce bullish momentum and bring the $0.00000670 level into focus as the next significant resistance.

    Source: TradingView

    125.33 Billion SHIB Transfer from BitGo Adds On-Chain Catalyst

    On September 10, exactly 125,334,083,223 $SHIB tokens—valued at approximately $678,000—were transferred from a BitGo-affiliated wallet to a newly created address. The receiving wallet continues to hold the full amount.

    Notably, this transaction was not an exchange deposit, making its immediate impact on selling pressure ambiguous. The move reverses a recent trend of large SHIB inflows into BitGo and coincides with net exchange outflows totaling roughly 160 billion SHIB over the prior 24 hours. Analysts suggest the transfer may reflect an OTC settlement or custody change rather than preparation for market selling.

    Downside Risk: Key Levels to Watch if Support Fails

    At press time, SHIB trades at $0.000005083, down 2.71% in the last 24 hours. If buyers fail to defend the current zone, the first critical downside level is $0.00000492. A break below this mark would weaken the recovery structure and expose $0.00000455 as the next support.

    Further downside below $0.00000455 would undermine the bullish case significantly. However, the most important level remains $0.00000409. A clear break below this threshold would signal a failure of the bullish recovery and negate much of the recent technical structure, reducing the likelihood of a return toward $0.00000583 and the FVG zone.

    Source: CoinMarketCap

    Summary of Key Price Levels

    • Immediate Support: $0.00000515 (0.5 Fibonacci)
    • First Upside Target: $0.00000583
    • Major Resistance Zone (FVG): $0.0000059–$0.00000615
    • Extended Target: $0.00000670
    • First Downside Risk: $0.00000492
    • Secondary Support: $0.00000455
    • Recovery Invalidator: $0.00000409

    Traders are now monitoring whether SHIB can defend the $0.00000515 level and convert the BitGo-related on-chain activity into sustained buying interest. The next 24–48 hours will be decisive for the token’s near-term trajectory.

  • Shiba Inu Burn Activity Surges 1,307% in 24 Hours

    Shiba Inu Burn Activity Surges 1,307% in 24 Hours

    Shiba Inu Burn Rate Surges 1,307% as 46.25 Million SHIB Tokens Permanently Removed from Circulation

    Shiba Inu’s circulating supply contracted significantly over the last 24 hours following a massive token burn event that permanently removed tens of millions of SHIB from the market. According to on-chain data tracked by Shibburn, the network recorded a substantial four-figure percentage increase in its daily burn rate amid consistently growing network activity.

    46.25 Million SHIB Sent to Dead Wallets in Single Day

    As of Tuesday, September 8, blockchain data confirms that a total of 46.25 million SHIB tokens were transferred to irretrievable dead wallets over the preceding 24-hour period. This large-scale burn activity drove a 1,307% surge in the daily burn rate, signaling heightened on-chain engagement within the Shiba Inu ecosystem.

    The aggressive reduction in supply has pushed the weekly burn volume past 126 million SHIB, representing an approximate value of $678 at current trading prices.

    Price Action Diverges from Burn Momentum

    Despite the bullish implications of reduced token supply, SHIB’s price momentum has shown signs of slowing. The asset is currently trading slightly above the $0.0000052 mark and moving in negative territory for the session. Market analysts note that while large burn events reduce the available supply for sale—potentially boosting demand and improving scarcity—the metric alone cannot sustainably drive price appreciation.

    The current divergence between aggressive supply reduction and stagnant price action is not considered unusual by analysts, as token burns represent only one factor among many influencing market valuation.

    Supply Dynamics and Network Growth

    The latest burn figures underscore a tightening supply dynamic for the leading meme token. By permanently removing tokens from circulation, the network effectively increases the scarcity of remaining SHIB, a mechanism often viewed favorably by long-term holders. However, sustained price movement typically requires concurrent catalysts such as increased adoption, broader market recovery, or fundamental ecosystem developments.

  • Shiba Inu (SHIB) Forms Bull Flag: Can It Erase a Zero Soon?

    Shiba Inu (SHIB) Forms Bull Flag: Can It Erase a Zero Soon?

    Traders have identified a bull flag pattern on the Shiba Inu (SHIB) price chart, raising the possibility that the meme cryptocurrency could remove a zero from its price in the coming days.

    A bull flag typically forms after a sharp upward move, followed by a period of downward-sloping consolidation. Traders often view the pattern as a potential continuation setup, particularly when the price breaks above the flag’s upper boundary on strong volume.

    “$SHIB is making Bull Flag,” said crypto trader $SHIB Knight. “Good chance to delete a zero in the coming days.”

    $SHIB is making Bull Flag. Good chance to delete a zero in the coming days.

    — $SHIB KNIGHT (@army_shiba), September 1, 2026

    In cryptocurrency market terminology, “deleting a zero” means removing one zero after the decimal point. For Shiba Inu, that would potentially mean reaching $0.00001.

    At the time of writing, SHIB was trading at $0.000005162, up 3.35% over the previous 24 hours but down 4.25% over the past week.

    The broader market is consolidating after a short squeeze drove cryptocurrency prices higher over the past week. However, the pause has not significantly weakened crypto’s relative strength, with most digital assets trading in positive territory over the last 24 hours.

    Crypto market open interest remained stable near $137.42 billion, while trading volume fell by nearly 14%. The data suggests traders are adding neither significant long nor short positions and are waiting for a clearer directional signal.

    Can Shiba Inu Reach $0.00001?

    Shiba Inu recovered from a three-day decline that took the price to a low of $0.00000488 on August 30, marking its second consecutive day of gains. The rebound had pushed SHIB to an intraday high of $0.00000523 at press time, with the price now approaching the daily 200-day moving average at $0.00000537.

    A break above the daily 200-day moving average could put $0.00000553 and $0.00000575 in focus, followed by $0.00000623. A decisive move above those levels could open the way toward $0.00001017, potentially removing a zero from Shiba Inu’s price.

    A potentially bullish market signal has also emerged as the Korean premium turns positive, suggesting that Korean investors may be returning to the cryptocurrency market.

    According to CryptoQuant, the Korea premium had remained negative for the longest period in its history before recently beginning to turn positive. The shift indicates that investors in the Korean market are starting to show increased interest in cryptocurrencies.

  • Shiba Inu Coin Drops 20%: Could September Trigger SHIB’s Next Rally?

    Shiba Inu Coin Drops 20%: Could September Trigger SHIB’s Next Rally?

    Shiba Inu (SHIB) has erased more than 20% of its late-August gains, but the pullback could create an accumulation opportunity if historical market patterns repeat.

    On a broader timeframe, the memecoin has been gradually recovering lost ground in the second half of 2026, as indicated by its rising channel in purple. However, attempts to hold above the key 200-day moving average (MA) at $0.0000069 have failed, reinforcing that a bullish breakout remains elusive.

    Still, the channel structure could remain intact if the broader cryptocurrency market extends its upward momentum.

    Source: $SHIB/USDT, TradingView

    Could September favor Shiba Inu again?

    Beneath the short-term uncertainty and gradual price action, several bullish signals are emerging for Shiba Inu.

    Cyclical patterns, particularly during the early stages of a bull market, have historically favored Shiba Inu and memecoins more broadly. In 2023, for example, SHIB consolidated at $0.00000678 before surging 70% to $0.000011 by mid-December. During the second leg of the 2024 rally, $SHIB rose 165% to nearly 0.00003.

    During those periods, the broader memecoin market gained 78% and 713%, respectively. So far, the broader memecoin index tracked by VanEck’s MarketVector has climbed 9% from its recent lows. If historical patterns hold and memecoin activity accelerates, $SHIB could follow the same trend.

    Source: MarketVector

    SHIB accumulation remains steady

    Spot-market demand for the memecoin has remained stable despite the broader sell-off in early 2026. This is reflected in the increase, followed by the recent stabilization, of SHIB supply held outside exchanges.

    The data suggests that $SHIB experienced significant accumulation during the crypto winter.

    Source: Santiment

    A similar ‘calm before a storm’ appeared before Shiba Inu’s explosive run from September to November 2024. However, $SHIB’s disinflation and token-burn program slowed considerably in late August and early September.

    Nearly 100M $SHIB tokens were incinerated in early August. Since then, the burn rate has fallen to 1.8M tokens, representing a 98% decline. This contrasts sharply with the 350% increase in $SHIB’s burn rate recorded during July.

    Source: Shiba burn tracker

    Key levels for a potential SHIB rally

    Overall, September could become a strong accumulation period if the market repeats the pattern seen before previous bull runs. However, the 98% decline in the burn rate needs to reverse to strengthen bullish sentiment heading into the fourth quarter.

    An extended rally could receive confirmation if $SHIB reclaims $0.000007. That level also corresponds with the 50-week moving average and has acted as a key barrier to rallies throughout 2026.

    • $SHIB has erased more than 20% of its August gains, but September could provide a springboard for a fourth-quarter rally if history repeats.
    • The $SHIB burn rate has fallen 98%, from 100M tokens to just 1.8M over the past 30 days.
  • Shiba Inu (SHIB) Sees Bullish Outflows Surge 79% in 24 Hours

    Shiba Inu (SHIB) Sees Bullish Outflows Surge 79% in 24 Hours

    Shiba Inu’s exchange-flow structure has improved significantly, with $SHIB outflows rising sharply over the past 24 hours. The shift comes as the token retests the $0.000005 region, making the change in exchange activity particularly important.

    Over the last day, $SHIB outflows from centralized exchanges increased by approximately 79%, signaling a substantial acceleration in tokens leaving trading platforms.

    Shiba Inu exchange outflows outpace inflows

    The latest data shows total $SHIB outflows of roughly 447.7 billion tokens, compared with exchange inflows of only 134.95 billion. This produced a netflow of approximately negative 312.75 billion $SHIB, a pattern that is generally favorable for the token.

    $SHIB/USDT Chart by TradingView

    Withdrawals reduce the amount of Shiba Inu available for spot selling on exchanges. When outflows substantially exceed deposits, the liquid supply held on exchanges may decline. However, exchange withdrawals alone do not confirm that holders intend to accumulate $SHIB over the long term.

    Exchange data supports a bullish shift

    Additional metrics also point to improving exchange-flow conditions. The seven-day moving average for mean exchange outflows rose 127.82% to approximately 940.84 million $SHIB. The number of withdrawing addresses increased by 1.16%, while outflows associated with the top 10 transactions climbed 2.84%.

    At the same time, Shiba Inu exchange reserves fell 0.36% to about 86.95 trillion $SHIB. Those reserves declined 1.53% in U.S. dollar value.

    SHIB price tests key $0.000005 support

    The timing is significant because $SHIB is currently trading near $0.00000505. After pulling back from a spike to $0.00000620, the token is attempting to stabilize around the psychologically important $0.000005 level. The area also contains dynamic support between $0.00000497 and $0.00000499.

    As the previous rally lost momentum, the relative strength index is near 52, indicating broadly neutral momentum. Shiba Inu still faces significant resistance. Its latest attempt to move above $0.00000570, which corresponds to the 200-day moving average, was unsuccessful.

    Even so, exchange-flow data currently favors buyers over sellers. Approximately 448 billion $SHIB has left exchanges, compared with around 135 billion entering them. If these outflows continue alongside a sustained defense of the $0.000005 level, another attempt to recover the $0.0000055–$0.0000057 resistance zone could become more likely.

    Source: cryptonews.net

  • 145 Billion SHIB Ready for Sale as Shiba Inu Netflow Turns Bearish

    145 Billion SHIB Ready for Sale as Shiba Inu Netflow Turns Bearish

    Shiba Inu Risks Falling Below the $0.000005 Price Level as Selling Pressure Builds

    Shiba Inu may be on track to lose the key $0.000005 price level as demand appears to weaken and exchange activity points to rising selling pressure.

    Recent data from crypto analytics platform CryptoQuant shows that Shiba Inu’s exchange activity is no longer signaling bullish momentum. The token’s exchange netflow has shifted, suggesting that more SHIB is moving onto exchanges than is being withdrawn.

    Shiba Inu Traders Begin Selling

    The data indicates that Shiba Inu traders may be selling part of their holdings to protect against potential losses after the recent price breakout helped them recover.

    According to the data, Shiba Inu’s exchange netflow had reached approximately 145,906,600,000 SHIB as of Saturday, August 29.

    Although this represents a bearish signal for the broader Shiba Inu ecosystem, it also shows that the volume of tokens transferred to exchanges for potential selling exceeds the volume moved out of exchanges by more than 145 billion SHIB.

    This suggests that momentum is fading, with traders showing less willingness to hold or accumulate additional tokens amid speculation that the coming month could be bearish.

    Shiba Inu Price Falls 4%

    As bearish momentum begins to affect the Shiba Inu ecosystem, SHIB has continued to post mixed price action in recent days.

    Shiba Inu has recently turned lower, increasing the risk of a move back below the key $0.000005 level. The token has recorded daily declines of approximately 3% in recent sessions.

  • 7 of 8 Shiba Inu (SHIB) Spot Flow Timeframes Turn Red: What to Expect From the Price

    7 of 8 Shiba Inu (SHIB) Spot Flow Timeframes Turn Red: What to Expect From the Price

    Shiba Inu is facing renewed selling pressure after its latest recovery attempt, with spot-flow data suggesting that buyers are struggling to maintain control. Following rejection at a recent local high, $SHIB is trading near $0.00000532, while seven of the eight short-term flow periods recorded negative net inflows.

    Shiba Inu spot inflows remain weak

    The imbalance is visible across multiple time frames. Net inflow over five minutes stood at -$11,460, while the 15-minute and 30-minute readings were approximately -$29,970 and -$89,170, respectively. The one-hour period showed a further deficit of $49,130.

    $SHIB/USDT Chart by TradingView

    The weakness continued across longer periods. Net flow over four hours was -$75,850, while the eight-hour figure was -$50,970. Only the 12-hour period remained slightly positive, with net inflows of approximately $25,430.

    A negative net inflow means that more capital left $SHIB spot markets than entered them during the measured period. This does not guarantee that the price will decline, but the consistent outflows across several time frames point to weak immediate demand after $SHIB’s sharp advance.

    Price action supports that view. Shiba Inu recently climbed from approximately $0.0000044 to a brief high near $0.0000062 before sellers quickly pushed the token lower.

    Shiba Inu faces resistance near $0.0000057

    The clearest technical barrier is the long-term moving average, currently positioned near $0.00000572. $SHIB has so far failed to reclaim that level, although it continues to trade comfortably above its shorter moving averages at approximately $0.00000532.

    The first significant support zone lies between $0.00000497 and $0.00000499. Another moving average provides support near $0.00000468.

    These levels suggest that while the recent breakout structure has weakened, it has not been completely invalidated. Momentum has also normalized. After briefly entering overbought territory, the relative strength index is now around 58, leaving $SHIB more room to move in either direction.

    For bulls, the immediate objectives are to reclaim $0.0000055 and then break through the $0.0000057-$0.0000058 resistance area. A move above those levels would bring the recent $0.0000062 high back into focus.

    However, continued negative spot flows combined with a break below $0.0000050 could expose $SHIB to a correction toward $0.0000047. For now, the flow data favors consolidation or further short-term pressure rather than an immediate continuation of the previous rally.

    Source: cryptonews.net

  • 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.