Crypto
Shiba Inu Price Hits $0.00000536 as Market Concentration and Breakout Uncertainty Rise
The Shiba Inu price is currently $0.00000536, down 2.2% over the last 24 hours, with a market cap of $3.162B and a 24-hour trading volume of $71.253M.
Shibarium holder concentration is lopsided, with the top 100 wallets holding 82.76% of everything in circulation. Whales make up barely 0.05% of holders yet own 94.72% of the total market cap between them.
The Shiba Inu price has been climbing inside an ascending channel through late August and early September, but a breakdown is not confirmed until the current candle closes below the boundary.