Shib Inu (SHIB) News Today

Latest crypto news and price forecasts for SHIB: Gate News brings together the latest updates, market analysis, and in-depth insights.
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SHIB Faces Rising Sell Pressure After 400B Token Inflows

Shiba Inu faces selling pressure as exchange reserves climb to ~81.5T SHIB and net inflows exceed 400B SHIB, with price trapped under resistance amid low volatility and muted market participation. Abstract: This analysis notes SHIB's current market dynamics, highlighting exchange reserves near 81.5 trillion SHIB and net inflows over 400 billion SHIB, signaling rising distribution as holders prepare to sell. Prices remain below key resistance with low volatility and subdued volume, pointing to weak short-term momentum. The combination of larger inflows and outflows indicates strategic repositioning rather than accumulation, while broader market constraints limit upside. Overall, the outlook remains cautious with downside risk in the near term.
SHIB1,44%
CryptoNewsLand·16h fa

Shiba Inu Open Interest Surges 13.45% in 24 Hours as Futures Activity Accelerates

SHIB open interest rose 13.45% to $69.79M with price up ~3% to $0.000006231. Futures inflows higher; volumes surged. Technicals show 50-day MA support, RSI 55, MACD bullish; potential move beyond 0.000010. Abstract: This report reviews SHIB market activity on Gate News as of April 22. SHIB open interest rose 13.45% to $69.79 million, with the price up about 3% to $0.000006231. Futures inflows exceeded outflows and total volumes rose, while spot and futures taker data showed mixed biases. Technically SHIB found support near the 50-day MA, RSI sits at 55, and the MACD turned positive, signaling a potential breakout and a possible rally beyond the $0.000010 level after a confirmed channel breakout.
SHIB1,44%
BTC-0,01%
XRP0,98%
GateNews·04-22 18:52

Shiba Inu Price Holds Key Support as Bearish Pressure Persists

Key Insights SHIB trades near $0.0000058 support while maintaining a bearish structure, with compressed price action signaling an imminent volatility expansion phase across markets. Open interest decline and persistent spot outflows indicate reduced speculative activity, highlighting
SHIB1,44%
CryptoNewsLand·04-20 19:46