2026-01-02 21:22:36

Recently, SHIB's performance has been quite eye-catching. The price surged by 11% to $0.000007661, pushing its market cap over $4.54 billion and surpassing TON. The driving force behind this is quite interesting — exchanges unlocked and redeemed over 20 billion SHIB tokens, while also burning 173 million tokens. This series of actions directly boosted market enthusiasm, with 24-hour trading volume skyrocketing by 64% and daily trading volume reaching $156.39 million.

On the technical side, traders have identified several obvious bullish signals. A potential golden cross has appeared, and open interest has increased by 20%. This indicates that not only retail investors are participating, but large funds are also gaining confidence. Whether this momentum can continue depends on subsequent volume and activity.

SHIB6.2%

TON3.83%

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CryingOldWallet

· 11h ago

Wow, SHIB is starting to show off again? I didn't expect it to overtake TON. The burn amount is only 173 million tokens, which seems a bit low. Do you think the hype can last for a few days?

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GateUser-e87b21ee

· 11h ago

Wow, this wave of SHIB really pumped. Over 20 billion tokens unlocked and it still can go up? The burn operation was pretty aggressive, but when the golden cross appears, it feels a bit risky haha

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BearMarketBuilder

· 11h ago

Wow, SHIB is acting up again. Over 20 billion tokens unlocked and still pulling so strongly. Players really aren't afraid of getting trapped.

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WalletDetective

· 11h ago

This wave of SHIB is really moving, but I just want to ask—are the 173 million tokens burned genuinely gone or is there some trick again? A 64% surge in trading volume sounds great, but retail investors jumping in at this point? It feels a bit like gambling. The golden cross has appeared, so let's see if it can hold up later; without volume, there's not much to say. It's truly outrageous that SHIB has overtaken TON; this market cap game is like that... Wait, this momentum? I'm more concerned about when it can stabilize. This rapid rise feels a bit aggressive, like short-term speculators are pumping it. Large capital accumulation is good, but could it be just a setup before a shakeout?

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