Shiba Inu acts balancedly in the memecoin market, which has been on the rise recently. Speculative interest in Shiba Inu has begun to increase as investors await clear signals from on-chain exchange flows. As appetite for high-risk digital assets grows, investors are debating whether SHIB can keep up with the industry or maintain this passive outlook.
Shiba Inu left behind in Memecoin rally
There has been a significant rise in the memecoin market in the last thirty days. The total market value increased by 15.58 percent and reached 35.6 billion dollars. Transaction volume increased by 56.14 percent to approximately 3.79 billion dollars. In comparison, Bitcoin market value rose 14.06 percent during the same period. These figures indicate that capital in the crypto market is shifting to high-risk assets. It seems that investors are increasingly turning to speculative products.
While the market was generally buoyant, Shiba Inu could not catch up with the industry average. SHIB has been performing poorly compared to leading memecoins. This divergence indicates that market participation during rally periods is not evenly distributed among assets.
“Although Shiba Inu is included in the general memecoin revival, it is not in the leading position. Lagging assets generally tend to keep up with stronger movers with heavy inflows. However, the permanence of upside movements may be limited before a clear accumulation movement begins.”
Stagnation in stock market flows and price weakness
On-chain data shows that SHIB’s net flow on exchanges is close to zero. This indicates that a balanced structure continues at the entrances and exits; There is neither a strong accumulation nor a significant selling pressure in the market.
In terms of price, SHIB has been in a downward trend for a long time and is still moving in a narrow band. Continuing to trade near recent lows, the asset remains below key moving averages; This indicates that the downward trend continues.
Market data does not provide a clear indication that the trend is definitely changing, although early signs of recovery are emerging. The fact that net flows are close to zero indicates that investors are indecisive. While weak negative flows generally indicate accumulation and positive values indicate sales pressure, the current neutral picture attracts attention.
On the other hand, there is a gradual increase in active addresses and interaction on exchanges. These developments have revived speculative interest, especially in memecoins.
Investors are waiting for SHIB’s next move
While the Shiba Inu isn’t completely disconnected from the recent movement in the memecoin market, it isn’t leading the mainstream. Investors are wondering when SHIB’s current sideways trend will turn into savings. For now, SHIB maintains a spectator position in the volatile market.
CryptoAppsy According to data, Shiba Inu is currently traded at $ 0.000006258 and has increased by 2.63 percent in 24 hours.
