Shiba Inu Surged 27% as Burns Hit 365-Day High: What's Happening?

SHIB rallies 40% as spot inflows surge to $5M, suggesting the move might actually stick

SHIB jumped 40% to $3.12B market cap on $5M spot inflows—highest single-day volume in nine months—making Upbit a major driver. Spot-led activity outpacing derivatives suggests genuine accumulation over speculative leverage, potentially attracting institutional demand.