CoinsAQ summary · neutral
SHIB rallies 40% as spot inflows surge to $5M, suggesting the move might actually stick
What happened
Shiba Inu's weekend breakout was fueled by direct purchases rather than leveraged speculation, a rare dynamic for the meme coin Shiba Inu pulled off something unusual this weekend: a 40% rally that might not immediately collapse on itself. SHIB hit an intraday peak of.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
cryptopotatoOct 29
Key Shiba Inu (SHIB) Metric Falls to a 5-Year Low: Good News for the Bulls?
One analyst projected a potential price increase of around 85%.
decryptOct 26
Morning Minute: Bitcoin Breaks Below $80,000 as Iran Fears Hit the Weekend
Some relief is appearing this morning as oil and rates fall, with a big macro week ahead featuring major earnings, FOMC and key data drops.
decryptOct 23
Morning Minute: a16z Drops 'Crypto' From Its Fund
The name change is symbolic of the fund’s future investing focus, though the firm will continue investing in crypto.