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Shiba Inu stories

Jul 26, 2026

Shiba Inu surges 36% in mystery rally led by South Korean traders

Memecoin SHIB jumped approximately 36% to $0.000009, with South Korean traders leading the rally in what analysts describe as a whale-driven squeeze rather than organic demand.

Jul 26, 2026·3 sources
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Top claims

  • ▪The Shiba Inu supply is highly centralized, with 802 "whale" wallets controlling 94.71% of all coins while retail holders control less than 2%
  • ▪Shiba Inu (SHIB) surged approximately 36-40% on or around July 26, 2026, reaching a price of about $0.0000057
  • ▪The rally added nearly $1 billion to Shiba Inu's market capitalization, bringing its total value to around $3.4 billion

Topics

Crypto market sentimentMeme coinsCrypto marketsCrypto market manipulation

Related entities

South Korea