Shiba Inu Sees $2 Trillion Token Surge Amid South Korean Retail Frenzy

Over the past 24 hours, Shiba Inu (SHIB) has seen an influx of 2.4 trillion tokens into exchange wallets, with its price rising from $0.0000042 to $0.0000054.

This surge in demand has led to increased trading activity, with approximately 2.376 trillion tokens leaving exchanges despite the net inflow of around 22.6 billion SHIB.

The net flow indicates a strong two-way movement in the market, rather than an increase in sell-side supply, and buyers have absorbed the available tokens driving it through its short-term moving averages.

Market reports suggest that South Korean retail activity is one of the primary catalysts for this surge, with unusually high demand from Korean traders contributing to the rally.

A limited supply of liquid tokens has intensified the action, and increased burn activity and a resurgence of interest in Shibarium are secondary factors.