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⛓️ Crypto🟢 BullishImportance 5/10

Shiba Inu’s 1,549% Spike: Can Bulls Take Control Again And Trigger An Explosive Rally?

NewsBTC|Scott Matherson|
Shiba Inu’s 1,549% Spike: Can Bulls Take Control Again And Trigger An Explosive Rally?
Image via NewsBTC
🤖AI Summary

Shiba Inu (SHIB) futures net flows surged 1,549% in one day with $14.52M inflows versus $13.80M outflows, signaling increased derivative trader activity. The meme coin gained over 17% to trade above $0.000006 as of March 16, 2026, with analysts predicting potential for further upside momentum.

Key Takeaways
  • SHIB futures net flows spiked 1,549.47% with net inflows of approximately $446,810 over 24 hours.
  • The token gained over 17% to trade above $0.000006 with market cap rising 8% and trading volume up 96%.
  • Increased futures activity suggests traders may be positioning for volatility or potential price reversal.
  • Crypto analyst SHIB Knight predicts the token could 'delete a zero' following Bitcoin's rise above $70,000.
  • The surge comes after months of sideways trading and downtrend since the beginning of 2025.
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