On-Chain Demand Signals Show Potential Reversal
Data reveals a heavy net outflow of SHIB from exchanges: approx. -101.38 billion SHIB left exchanges in the last 24 hrs.
Interpretation: Fewer tokens on exchanges = potential for supply squeeze if demand rises.
But the challenge remains: broader momentum is fading and meme-coin sentiment is shifting.
Key for SHIB now: Translate token burn and accumulation into active usage or utility — otherwise upside may stay muted.
