Shiba Inu futures grew to $ 2.72 billion. The United States, before falling by 90%, reflecting short speculations on memes.
Shiba Inu (Shiba), one of the most widely recognized cryptocurrencies inspired by the meme, is currently traded in a narrow range, which indicates the period of consolidation of prices.
During printing, the cost of Shiba is 0.00001622 US dollars, which reflects an increase of 2.58% over the past 24 hours. Nevertheless, market data indicate that the recent outbreaks of futures of futures were due to short -term speculations, and not a stable interest.
Shiba Inu Futures Futures Tolum
The data in the Glassnode chain emphasize the sharp but brief increase in the volume of Shib futures, which quickly decreased. At its peak, SIB’s futures have reached $ 2.72 billion, which reflects intensive market speculations. It is noteworthy that this peak volume occurred from November to December 2024.
Nevertheless, this impulse did not last last a long time, since the volume collapsed up to 0.28 billion dollars. The United States is true, noting a sharp decline by 90%. This quick fluctuation indicates that the rally was mainly ate short -term traders, and not long -term owners or sustainable demand.
The volatility in Shibs The futures market coincided with wider activity in the coin coin sector. Other large memes, including Dogecoin (DOGE), Dogwifhat (WIF), PEPE and BONK, demonstrated similar trends with a voluminous volume of futures before experiencing a sharp decrease.
Wider memes market
Doge, a dominant player in Meme Space, recorded the highest volume of the future among his peers. At its peak, DOGE futures reached $ 20.0 billion, and then fell by 85% to $ 3.0 billion.
Similarly, WIF causes a strong percentage, reaching a maximum of $ 2.87 billion before falling to $ 0.90 billion, which reflects a decrease by 69%.
The volume of Futures Futures also decreased, falling from $ 7.37 billion. USA to 1.59 billion dollars. USA, which amounted to 78% decrease. Bonk experienced the most extreme fall: the volume of futures fell from $ 1.99 billion. USA to 0.16 billion dollars. USA, which is 92% decreasing.
These models suggest that the speculation played a key role in increasing the volume of futures in the coin coin sector.
Blue crypto
A comparison From coins of memes with cryptocurrencies of a blue chip, a sharp contrast in the market behavior is emphasized. Bitcoin (BTC) and Ethereum (ETH) experienced moderate rollbacks, but retained great demand for a long period.
The volume of Futures Futures decreased from $ 98.4 billion. USA to 54.4 billion dollars. The USA, which decreased by 45%, while the volume of futures of ETH fell from $ 43.4 billion. USA to 36.2 billion dollars, which amounted to a 17% decrease.
The volume of Futures Soolana (SOL) also gained a significant fall, decreasing from $ 14.7 billion. USA to 7.9 billion dollars. USA, which has decreased by 47%.
