Markets· ★★· bearish·

SHIB Falls 5.51% to $0.0000049 on Risk-Off and Weak Exchange Flows

  • Price at $0.0000049, down 5.51% in 24 hours
  • Average SHIB exchange withdrawals fell 78%
  • Daily token burns dropped 24.95% to $29
  • Key support at the 61.8% Fibonacci level of $0.0000048
Why it matters: Weak flows and burns point to cooling demand; a break below $0.0000048 would open the way to new lows.
Source: DiarioBitcoin