145B SHIB Listed on Exchanges: The Rebound of Shiba Inu Lacks Momentum and Still Needs Verification
2026-08-30 03:30:46
According to CoinMeta, 145 billion SHIB tokens have been listed on exchanges. Has the rebound of Shiba Inu lost its momentum? Based on CryptoQuant data, on August 29th, the net inflow of SHIB onto exchanges was approximately 145.9 billion SHIB, indicating that more tokens entered the exchanges rather than leaving them, increasing the supply that can be sold immediately. Nevertheless, this does not mean that all 145.9 billion tokens will be sold. The price of SHIB rose from around $0.0000044 to $0.00000590 between August 18th and 21st, but then it lost its momentum. The current price is close to the support level of $0.000005; if it continues to fall below this range, it may weaken the recent rebound.
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Source:Coinpaper
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