Shiba Inu Eyes End to Seven-Month Loss Streak as Network Activity Strengthens
The post Shiba Inu Eyes End to Seven-Month Loss Streak as Network Activity Strengthens appeared on BitcoinEthereumNews.com.
Shiba Inu set to end seven-month loss streak Shiba Inu sees growing network strength Shiba Inu has suddenly flipped negative despite showing signs of a potential rally early on. However, its network activity suggests sentiments are still positive. Apart from its strong network performance, which is evident in its substantial increases in daily burn rate, the leading meme asset has also seen repeated price rallies, which has further fueled demand from investors. While the overall market performance remains pretty weak compared to early 2025 levels, Shiba Inu has seen sentiment flip mildly positive in March, suggesting that it may be on track to end its long streak of steady monthly losses. XRP Max Pain Triggered Ahead of Friday ETF Deadline, Billions of Shiba Inu (SHIB) Vanish From Centralized Platforms, Tether CEO Reacts to Special Binance Listing of Tether Gold: Morning Crypto Report Schiff Claims Banking Lobby Crushed Crypto Shiba Inu set to end seven-month loss streak Since its emergence in mid-2021, Shiba Inu has experienced seven months of sustained volatility for the first time, setting a record for the longest monthly losing streak in history. You Might Also Like Although overall sentiment has remained weak as Shiba Inu is currently trading in the red zone, the multiple price resurgences seen this month have been able to outweigh its weak moments. As of March 26, Shiba Inu has projected a positive monthly return, showing a price increase of 2.8% compared to the beginning of March, according to data from CryptoRank. Shiba Inu sees growing network strength On Thursday, March 26, data from Shibburn — a blockchain monitoring platform that tracks all of SHIB’s deflationary activities — reveals that 23,805,300 SHIB has been burnt within the last 24 hours. This marks a massive increase of 1,086% in the Shiba Inu burn rate…
Filed under: News - @ March 26, 2026 10:26 pm