Shiba Inu (SHIB)

• Price: SHIB continues trading near ~$0.0000073–$0.0000075, reflecting ongoing memecoin weakness as speculative demand remains muted.

• Burn events: SHIB’s burn rate spiked over 3.9 million % with ~21.6 M tokens destroyed in the last 24 h, followed by a 1,567 % surge on separate reporting — though price has stayed subdued.

• Exchange flows: ~125 billion SHIB have left exchanges, a potential accumulation signal if selling pressure continues to ease.

• Spot activity: Increased spot trading suggests traders are active around key support, but bearish structure persists until key levels are reclaimed.

• Sentiment: SHIB underperformed broader market and price recovery remains tentative; break above **$0.0000077–$0.0000081** could hint at short-term strength.

⚠️ SHIB remains highly volatile — monitor burn momentum, exchange flows, and key technical levels for clues.

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