SHIB Defies Market Trends with Surge in On-Chain Activity

Despite a bearish market, Shiba Inu (SHIB) has shown remarkable resilience with a significant spike in on-chain activity. On December 4, the number of active sending addresses for SHIB surged to 9,900, marking a 223% increase from the previous day's 3,066. This unexpected surge in network utilization hints at potential volatility ahead, even as prices remain stagnant across the broader cryptocurrency market. The heightened activity could signal growing interest or speculative movements within the SHIB ecosystem, making it a token to watch in the coming weeks.

Shiba Inu On-Chain Activity Surges Amid Bearish Market

Shiba Inu, the meme-inspired cryptocurrency, has defied broader market trends with a dramatic spike in on-chain activity. On December 4, the number of active sending addresses for SHIB jumped to 9,900—a 223% increase from the previous day's 3,066.

The surge suggests heightened network utilization despite stagnant price action across most digital assets. Such on-chain movements often precede volatility, though whether this signals accumulation or distribution remains unclear.

Shiba Inu Gains Legitimacy Through Coinbase Derivatives Listing

Coinbase's introduction of regulated perpetual futures for shiba inu marks a watershed moment for the meme coin. The exchange's institutional-grade product suddenly grants SHIB access to sophisticated trading strategies previously reserved for blue-chip cryptocurrencies.

The listing signals growing acceptance of alternative assets within traditional finance frameworks. Where Shiba Inu once symbolized retail speculation, its new derivatives presence suggests maturing liquidity pools and risk management tools.

Market makers note the development completes SHIB's evolution from internet joke to tradable asset class. 'This isn't about dog memes anymore,' remarks a Goldman Sachs alum now trading crypto derivatives. 'When exchanges stake their reputations on orderly markets for an asset, that asset becomes real.'

Shiba Inu Engineering Manager Departs as Project Reaches 'Natural Conclusion'

A key developer behind Shiba Inu’s technical infrastructure has exited the project. Johndoeshib, who served as engineering manager for the Shib.io ecosystem, announced his departure via social media, framing it as the end of a natural lifecycle rather than an abrupt exit.

The MOVE raises questions about continuity for SHIB’s development roadmap, though no immediate disruptions have been reported. Market observers will scrutinize whether this signals broader organizational shifts within the meme coin’s ecosystem.

Expert Says Shiba Inu Is Dead Unless This Level Breaks

Market analyst MMB Trader warns that Shiba Inu (SHIB) could remain stagnant unless it surpasses critical resistance levels. The meme coin has been trapped in a sideways trend amid broader market corrections.

TradingView data aligns with this outlook, showing SHIB's struggle to gain upward momentum. The asset's performance now hinges on breaking key technical barriers.