Crypto
Shiba Inu Defies Seasonal Weakness with Record-Breaking Q3 Gains
Shiba Inu (SHIB) has defied its historically weak third-quarter trend, surging by 44.1% during Q3 of 2026.
This performance marks SHIB's strongest third-quarter showing yet, outshining the 5.5% average return in September.
The broader crypto market recovery has contributed to this success, with SHIB advancing 12.2% in July, adding another 7.55% in August, and surging by 19.4% in September so far.
A significant on-chain activity is also taking place, with over 74 billion SHIB in net exchange outflows, indicating a potential decrease in selling pressure as investors move coins to private wallets or cold storage.