Shiba Inu (SHIB) Trading Surges 71% as $1.14 Billion Selloff Rocks Market

SHIB sits at the center of a familiar meme-token pattern: trading activity can spike quickly, while on-chain ownership and exchange balances move in different directions. The token is being watched through a mix of market activity, wallet growth, and exchange supply rather than through a single event. For readers, that means the story is less about one headline move and more about a token still being actively re-priced by traders and holders alike.

A larger exchange supply and a weaker tape matter because they shape how much SHIB sits ready to be sold and how much room there is for sharp moves. Holders who keep tokens on exchanges are exposed to a market that can shift quickly, while builders and users track whether activity is concentrated in trading rather than use. The tension is between speculative churn and the idea of a token building a broader base of holders at the same time. (per u.today)

The $0.00000426 level is the immediate reference point in SHIB's price analysis, and the market context around it is still bearish. What is not yet settled is whether traders will keep defending that area or whether the broader market tone will keep dominating the token's move. The next read will come from how SHIB trades around that level and whether the market's pressure eases or continues.

Shiba Inu rose 1.1% in the 4 hours after the first headline, after a flat 2 hours before.

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