Shiba Inu (SHIB) spot flows surge over 200% in an hour, but net inflow is only $35,000
Shiba Inu (SHIB) spot flows have jumped over 200% in the past hour, but the net inflow for that period was approximately $35,000, which is a small amount relative to its nearly $2.93 billion market capitalization. This suggests the surge may be a short-term injection rather than a trend change. SHIB is currently trading near $0.00000499, down about 1.4% on the day and almost 8% on the week.
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