Overview
- SHIB traded near $0.000010 after a short bounce, with CoinMarketCap data showing a roughly 25% rise in daily volume.
- Crypto.news reports a 99% plunge in the 24-hour burn to 69,530 tokens, alongside Shibarium TVL around $873,820, sub‑500 active accounts, and fees under $10 a day after a recent ShibaSwap hack.
- The same outlet cites large‑holder selling, noting a 10% reduction by smart‑money wallets over 30 days and a drop in whale balances since Oct. 12.
- Brave New Coin cites accumulation by large holders since early October and a falling wedge pattern with potential targets at $0.00001150, $0.00001410, and $0.00002350 if a breakout confirms.
- Technical views diverge on near‑term direction, with some flagging risk of a retest of the $0.00000695 year‑to‑date low and others pointing to rising volumes and bullish community sentiment.