Overview
- SHIB traded near $0.000010 with modest 24‑hour gains after a recent slide below multi‑month support.
- One report shows the 24‑hour burn rate collapsing 99% to 69,530 tokens, though another outlet claims a sharp burn uptick to just over 120,000 tokens, highlighting inconsistent data.
- Shibarium’s health looks fragile, with total value locked down about 43% in 30 days to roughly $873,820, active accounts below 500, and daily fees under $10 following the ShibaSwap hack.
- Whale and smart‑money flows are unclear, with one analysis citing notable reductions in holdings and another pointing to accumulation since early October.
- Technical views diverge, with a bearish case warning of a potential retest of $0.00000695 and a bullish falling‑wedge setup eyeing targets near $0.00001150, $0.00001410, and $0.00002350 if volume confirms a breakout.