SHIB Surges 40%, Trading Volume Explodes 1,200% in Single Session
Shiba Inu's price surged 40% in a single session, accompanied by a massive trading volume explosion of +1,200%. This sharp move caught the attention of analysts and long-standing figures within the SHIB community. A veteran of the project responded publicly, pointing to building momentum that carries real weight.
The 40% price increase was driven by a significant technical confirmation signal: a substantial trading volume surge in sync with the price action. On centralized exchanges, order flow data points to dominant buying pressure, with short position liquidations that likely amplified the initial move.
The central question remains: is this volume organic or artificial? A 1,200% volume spike can reflect massive retail interest amplified by social media, or it could signal discreet institutional accumulation. Without granular on-chain data from platforms such as CryptoQuant or Glassnode, caution is warranted when drawing conclusions.
The Shiba Inu ecosystem's long-standing figures play a key role in amplifying sentiment. When one of them publicly references building momentum, the message is picked up immediately by thousands of holders and traders who closely follow these accounts.