Why is SHIB up 35%? Shiba Inu rockets higher as S.Korean traders lead mystery rally

Why is SHIB up 35%? Shiba Inu rockets higher as S.Korean traders lead mystery rally

The rally has no announcement behind it, other dog tokens haven't matched it, and Korean venues are carrying the volume.

Shiba Inu Surges 36%, Adds $1B With No Catalyst

Why Did Shiba Inu Rally So Sharply? Shiba Inu rose about 36% to $0.0000057 on Sunday, adding roughly $1 billion to its market value despite the absence of a project announcement, network upgrade or other clear catalyst. The move lifted SHIB’s market capitalization to about $3.4 billion, while daily trading volume approached $380 million. That represented the token’s strongest turnover ranking in months and showed that the rally was backed by a s…

Shiba Inu Surges 36% As South Korean Traders Drive Mystery Rally

No partnership. No protocol upgrade. No celebrity tweet. Yet Shiba Inu roared 36% higher on Sunday, with the overwhelming majority of the volume landing on South Korean exchanges, according to a CoinDesk market report. The isolated spike has left traders searching for a reason that simply does not exist in any on-chain or off-chain announcement. Other dog-themed tokens saw no comparable lift. The rally was unique to SHIB, and the volume signatur…

CoinStats - Shiba Inu Buyers Absorb 2.4 Trillion SHIB Exc...

Shiba Inu recorded nearly 2.4 trillion SHIB in exchange inflows, while almost the same amount exited trading platforms, limiting net inflows. Strong buying demand absorbed available supply, allowing SHIB to reclaim key moving averages despite elevated exchange activity. Lower exchange reserves, Korean trading demand, and technical momentum contributed to the rally, although overbought conditions may increase profit-taking risks.,   Shiba Inu rec…

'Momentum Building': Shiba Inu Veteran Reacts to 40% SHIB Price Surge

Shiba Inu trading volume surged as much as 1200% as SHIB price suddenly gained momentum.