{"id":8435,"date":"2025-12-09T18:00:20","date_gmt":"2025-12-09T18:00:20","guid":{"rendered":"https:\/\/coinstrend.net\/blog\/shiba-inus-volume-explosion-leading-meme-coin-barrels-ahead-in-this-metric\/"},"modified":"2025-12-09T18:00:20","modified_gmt":"2025-12-09T18:00:20","slug":"shiba-inus-volume-explosion-leading-meme-coin-barrels-ahead-in-this-metric","status":"publish","type":"post","link":"https:\/\/coinstrend.net\/blog\/shiba-inus-volume-explosion-leading-meme-coin-barrels-ahead-in-this-metric\/","title":{"rendered":"Shiba Inu\u2019s Volume Explosion: Leading Meme Coin Barrels Ahead In This Metric"},"content":{"rendered":"

Shiba Inu has recorded a notable surge in spot trading activity on several exchanges over the last seven days. This provides a bullish outlook for the second-largest meme coin by market cap, which has been one of the underperformers in this market cycle<\/a>.\u00a0<\/p>\n

Shiba Inu Sees Surge In Spot Trading Activity<\/h2>\n

CoinGlass data<\/a> show a 154% surge in Shiba Inu USD spot trading volume on Kraken over the last seven days. There has also been a significant surge on other major exchanges, such as Binance, Bybit, OKX, and Gemini, during the same period. This indicates that spot buyers may be stepping in to defend the SHIB price at a critical support amid the broader crypto market decline<\/a>.\u00a0<\/p>\n

Notably, Shiba Inu is one of the altcoins that are in the green over the last week, suggesting that the bulls may be in control at the moment. CoinMarketCap data<\/a> shows that the second-largest meme coin by market cap is up almost 7% during this period despite Bitcoin\u2019s choppy price action.\u00a0<\/p>\n

Meanwhile, further data from CoinGlass also shows that most leverage traders are currently betting on an increase in the Shiba Inu price<\/a>, with the long\/short ratio currently above 1. However, it is worth noting that derivatives volume is down by over 10% and open interest is down by almost 4%, which presents a bearish outlook for the meme coin.\u00a0<\/p>\n

Another positive for Shiba Inu, besides the surge in spot trading volume, is that the Fed is likely to cut interest rates again at this week\u2019s FOMC meeting. This could inject more liquidity into the crypto market, with altcoins like SHIB benefiting from it. Meanwhile, Bitcoin is currently looking to hold above the psychological $90,000 level<\/a>, which could pave the way for higher prices for SHIB given their positive correlation.\u00a0\u00a0<\/p>\n

Community Gives Update On SHIB\u2019s Progress<\/h2>\n

In an SHIB whales are also bullish.\u00a0<\/p>\n

Furthermore, Coinbase is set to launch Shiba Inu futures on December 12 for institutional and retail investors, which could boost the meme coin\u2019s adoption. Meanwhile, NYSE Arca has filed the 19b-4 for T. Rowe\u2019s Shiba Inu ETF<\/a>, bringing the ETF one step closer to launch.\u00a0<\/p>\n

Shibuzens also highlighted upgrades on the Shibarium network, which could provide a major boost for SHIB. This includes the RPC upgrade, while a full privacy upgrade has been confirmed using encrypted tech. There are plans to roll this out by next year.\u00a0<\/p>\n

At the time of writing, the Shiba Inu price is trading at around $0.000008498, up in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

\"Shiba<\/p>\n","protected":false},"excerpt":{"rendered":"

Shiba Inu has recorded a notable surge in spot trading activity on several exchanges over the last seven days. This provides a bullish outlook for the second-largest meme coin by market cap, which has been one of the underperformers in this market cycle.\u00a0 Shiba Inu Sees Surge In Spot Trading Activity CoinGlass data show a…<\/p>\n","protected":false},"author":1,"featured_media":8436,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[332],"tags":[508,1751,453,1618,1499,816,3138,4014,3331,4015,68,333,334,69,3388,335,336,788,337,338],"class_list":["post-8435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu","tag-binance","tag-bybit","tag-coinbase","tag-coinglass","tag-coinmarketcap","tag-fomc","tag-gemini","tag-nyse-arca","tag-okx","tag-rpc","tag-shib","tag-shib-news","tag-shib-price","tag-shiba-inu","tag-shiba-inu-etf","tag-shiba-inu-news","tag-shiba-inu-price","tag-shibarium","tag-shibusd","tag-shibusdt"],"_links":{"self":[{"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/posts\/8435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/comments?post=8435"}],"version-history":[{"count":0,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/posts\/8435\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/media\/8436"}],"wp:attachment":[{"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/media?parent=8435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/categories?post=8435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinstrend.net\/blog\/wp-json\/wp\/v2\/tags?post=8435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}