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Shiba Inu (SHIB): Almost 200% In 24 Hours, What's Up?

2025-07-02 14:52:37

Shiba Inu (SHIB): Almost 200% In 24 Hours, What's Up?

Main Idea

Shiba Inu (SHIB) experienced a 195% surge in small transactions ($1-$10) within 24 hours, while larger transfers declined, and its price struggles to recover above key moving averages.

Key Points

1. Shiba Inu (SHIB) saw a 195% increase in small transactions valued between $1 and $10 in 24 hours.

2. Larger transfers ($1,000-$1 million) declined by 13-20% during the same period.

3. SHIB's price remains below the 100 EMA (around $0.00001478) and is nearing oversold territory with an RSI of 39.

4. The asset has struggled to regain momentum since its peak at $0.000035.

Description

Shiba Inu secures enormous surge in important metric for price

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Shiba Inu