Altcoins News
By Julie Binoche
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The Rally That Didn't Stick. There was a surge recently. Volume spiked, price jumped, and for a moment it looked like SHIB…
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What the $400 Million Line Actually Means. If SHIB's price keeps sliding, the exchange reserve figure will almost certainly fall below $400…
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Shiba Inu's exchange reserves are closing in on a troubling threshold. On-chain data puts the current Exchange Reserve USD at roughly $414.
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The drop isn't coming from mass withdrawals. Investors aren't rushing for the exits in huge numbers.
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That number matters because it sits meaningfully below two moving averages that traders watch closely. The 100-day EMA is at $0.
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The RSI told a similar story. It pushed into overbought territory during the initial move — which sounds bullish until you realize overbought readings during weak rallies often…
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And that's the core problem for SHIB right now.
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Related: Hyperliquid Holds Near $59.5 as Chainlink, Shiba Inu, and Stellar Flash Mixed Signals
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If SHIB's price keeps sliding, the exchange reserve figure will almost certainly fall below $400 million — probably without any dramatic change in how many tokens sit on exchanges.
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A recovery above the 100-day EMA at $0.0000050 could reverse that dynamic fast. Even a modest price improvement would lift the dollar-denominated reserve figure without requiring…
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The 200-day EMA at $0.0000060 is the bigger target, and it's unclear when or whether buying interest gets strong enough to test it. Waning momentum makes that level feel distant.
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Stable network activity — those slight upticks in active and receiving addresses — does suggest the user base isn't collapsing. People are still transacting.
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See also: Strategy Raises $544.5 Million in MSTR Shares While Buying Back STRC Preferred Stock
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So the situation is basically this: reserves sit at $414.8 million, the $400 million mark is close, and the token needs to reclaim $0.0000050 to stop the bleed.
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