Shiba Inu Volume Drops 52% as Market Reversal Hits Meme Coins

Published at 2026-01-07 15:45:06

Shiba Inu experienced a sharp decline in activity on Wednesday, with reported trading volume down about 52% as the broader crypto market came under selling pressure during the Asian session. The meme token also lost nearly 5% in the past 24 hours, reflecting a wider pullback that hit riskier altcoins and speculative assets.

A sudden drop in volume can be a warning sign: lower turnover often precedes higher volatility and can make price moves less liquid and more erratic. For traders and holders, the slump in SHIB activity suggests waning short-term demand and increases the importance of monitoring order books and macro catalysts; for the market at large, diminished meme-coin appetite could weigh on sentiment among retail-focused segments.

Meme CoinsTrading VolumeShiba InuCrypto MarketMarket Reversal

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Rakuten Group announced on April 7, 2026 that it will add Shiba Inu (SHIB) to its mobile wallet, expanding access to the meme coin for Japanese users. The listing signals growing platform acceptance and could boost retail adoption and liquidity in Japan.

Shiba InuJapanMobile WalletCrypto AdoptionRakuten

Published at 2026-04-07 15:30:09

XRP Tops Bitcoin as Most Traded Asset on Korea’s Upbit

On April 6, 2026, Ripple-backed XRP surpassed Bitcoin to become the most traded asset on Upbit, South Korea’s largest crypto exchange, reflecting growing demand amid a broader market recovery. The shift highlights rising liquidity and bullish momentum for XRP in a key regional market.

BitcoinTrading VolumeUpbitCrypto MarketsSouth KoreaXRP

Published at 2026-04-06 14:45:14

111.67 Billion SHIB Burned in 24 Hours Sparks Price Support

On-chain data shows 111.67 billion SHIB burned in the last 24 hours while exchange netflows fell by about 82.67 billion, helping stabilize Shiba Inu amid a weak market.

ExchangesShiba InuOn-ChainBurnsSHIB

Published at 2026-04-06 11:45:14

Vitalik-Linked Wallets Purge Meme Coins as Ethereum Rises ~8% This Week

Wallets linked to Vitalik Buterin moved multiple meme tokens on April 1, an on-chain action many called a purge, coming as Ethereum climbs about 8% since the week began. The activity is drawing fresh attention amid a broader market rebound.

Vitalik ButerinMarket MovementEthereumOn-ChainMeme Coins

Published at 2026-04-01 11:15:11

Ethereum Stalls Near $2,066 After Midweek Drop — Rebound Faces Resistance

Ethereum trades near $2,066 after a midweek 6% drop that pulled price back to retest $2,050 support, leaving ETH about 31% lower year-to-date. A lack of clear buying interest and nearby resistance are blocking a clean rebound.