Shiba Inu Price Faces Selling Risk After 75 Billion SHIB Move

TLDR: Shiba Inu price gains 0.89% to $0.00000545, but a 75 billion-token increase in net exchange flows raises near-term supply pressure. Exchange inflows total 193.32 billion SHIB against 131.59 billion in outflows, leaving positive netflows near 61.73 billion tokens. SHIB faces immediate resistance at $0.00000548, followed by the $0.0000056 to $0.0000057 zone and the 200-day [...]

The post Shiba Inu Price Faces Selling Risk After 75 Billion SHIB Move appeared first on Blockonomi.