{"id":168887,"date":"2025-06-09T00:16:10","date_gmt":"2025-06-09T00:16:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/168887\/"},"modified":"2025-06-09T00:16:10","modified_gmt":"2025-06-09T00:16:10","slug":"shiba-inus-deflation-drive-stalls-but-before-you-buy-the-dip-look-out-for","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/168887\/","title":{"rendered":"Shiba Inu\u2019s deflation drive stalls &#8211; But before you buy the dip, look out for\u2026"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\">SHIB burn rate surged 5762.9%, while address activity rose across all categories last week.<\/li>\n<li style=\"font-weight: 400;\">Exchange outflows rose 92.01%, nearly doubling inflows, as funding rates flipped slightly bullish.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/predictions\/shiba-inu-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Shiba Inu [SHIB]<\/a> has drawn renewed attention after its 24-hour token burn rate surged by a staggering 5762.9%, with over 26 million tokens incinerated.<\/p>\n<p>This spike reflects intensified deflationary efforts by the community, which often aligns with attempts to restore confidence after price pullbacks.\u00a0<\/p>\n<p>However, this time, the price barely responded. SHIB slid 1.82% to $0.00001259 despite the burn, suggesting deflation alone isn\u2019t moving the needle.<\/p>\n<p><b>Retail traffic rises as whales step back<\/b><\/p>\n<p>On-chain data points to renewed retail participation<\/p>\n<p>Because over the past seven days, New Addresses increased by 19.83%, Active Addresses rose by 9.41%, and Zero Balance Addresses surged by 29.38%.\u00a0<\/p>\n<p>These figures reflect a renewed influx of users and higher address churn, typical signs of rising engagement.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-08-074027.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-499542\" class=\"wp-image-499542 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"SHIB addresses stats\" width=\"1924\" height=\"777\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-08-074027.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-499542\" class=\"wp-caption-text\">Source: IntoTheBlock<\/p>\n<p>However, a breakdown of transaction sizes shows mixed sentiment. <\/p>\n<p>While sub-$1 transactions soared by 238.46%, larger transactions fell drastically, with $1K\u2013$10K down 66.52% and $10K\u2013$100K dropping 74.56%.\u00a0<\/p>\n<p>In effect, SHIB is becoming a retail-heavy trade again \u2014 but without whales, upside pressure remains muted.<\/p>\n<p><b>SHIB holds at demand zone, but technicals show more room for\u2026<\/b><\/p>\n<p>SHIB is currently consolidating within a defined demand zone between $0.00001028 and $0.00001196. This range has historically attracted buying interest, offering potential support for a bounce.\u00a0<\/p>\n<p>However, the price remains capped below a descending trendline, keeping the broader structure bearish. <\/p>\n<p>The Relative Strength Index (RSI) hovers at 41, indicating weak momentum without entering oversold territory.\u00a0<\/p>\n<p>Therefore, while SHIB isn\u2019t in extreme conditions yet, the setup suggests it could still dip lower before any substantial recovery.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/SHIBUSDT_2025-06-08_09-16-57.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-499544\" class=\"size-full wp-image-499544\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"SHIB price action \" width=\"2114\" height=\"1108\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/SHIBUSDT_2025-06-08_09-16-57.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-499544\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<p><b>Are Shiba Inu holders choosing to hold?<\/b><\/p>\n<p>Market <a href=\"https:\/\/cryptoquant.com\/asset\/shib\/chart\/exchange-flows\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">flows<\/a> suggest shifting sentiment among SHIB holders. <\/p>\n<p>The memecoin\u2019s 7-day Exchange Inflows rose by 26.43%, indicating some traders are moving tokens in\u2014potentially to sell.\u00a0<\/p>\n<p>However, outflows increased by a much stronger 92.01%, nearly doubling the inflow rate.\u00a0<\/p>\n<p>This sharp rise in withdrawals signals that a significant portion of holders prefer to self-custody their assets, often viewed as a bullish indicator of long-term conviction.\u00a0<\/p>\n<p>When outflows notably outpace inflows, it tends to reduce immediate sell pressure and suggests investors are preparing to hold through volatility rather than exit positions.<\/p>\n<p><b>Are bulls preparing a move? Funding flips positive as\u2026<\/b><\/p>\n<p>Derivatives metrics show cautious optimism. <\/p>\n<p>SHIB\u2019s Open Interest-Weighted Funding Rate turned slightly positive at 0.0048%, indicating a tilt toward long positioning.\u00a0<\/p>\n<p>Traders appear to be gradually favoring upside exposure, though the conviction remains low.\u00a0<\/p>\n<p>Meanwhile, Liquidation Heatmap on OKX highlights key liquidity pressure between $0.0000132 and $0.0000133, where many short positions are vulnerable.\u00a0<\/p>\n<p>If bulls can force the price above this range, it could trigger a wave of short liquidations, fueling upward momentum.\u00a0<\/p>\n<p>Conversely, dense clusters near $0.00001208 could act as immediate support if the price dips.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/OKX-SHIB_USDT-Liquidation-Heatmap24-hour-2025-06-08_09_13_47.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-499545\" class=\"wp-image-499545 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"2560\" height=\"1789\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/06\/OKX-SHIB_USDT-Liquidation-Heatmap24-hour-2025-06-08_09_13_47.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-499545\" class=\"wp-caption-text\">Source: CoinGlass<\/p>\n<p><b>Can SHIB\u2019s deflation and network activity spark a breakout?<\/b><\/p>\n<p>SHIB\u2019s sudden burn surge, rising address activity, and dominant outflows all point toward growing investor conviction.\u00a0<\/p>\n<p>However, the lack of whale participation and persistent downtrend structure remain key hurdles. Until SHIB breaks above the descending resistance and clears the $0.0000133 cluster, upside may stay limited.\u00a0<\/p>\n<p>Still, the groundwork for a recovery appears to be forming, with retail momentum and reduced supply laying early bullish foundations.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/ethereum-understanding-how-2-8k-will-write-eths-next-chapter\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">Ethereum: Understanding how $2.8K will write ETH\u2019s next chapter<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"SHIB burn rate surged 5762.9%, while address activity rose across all categories last week. Exchange outflows rose 92.01%,&hellip;\n","protected":false},"author":2,"featured_media":168888,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-168887","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114650532278726564","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/168887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=168887"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/168887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/168888"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=168887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=168887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=168887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}