Shiba Inu Exchange Reserves Hit Two-Year Low as Analyst Sees “Uptober” Rally
Shiba Inu could be preparing for an October surge after exchange reserves dropped to their lowest level in two years. Crypto analyst Zayn suggested that reduced reserves signal lower selling pressure, which often precedes accumulation phases. The development has sparked renewed optimism that the token may benefit from the broader “Uptober” trend. Historical data also points to October as one of Shiba Inu’s strongest months for growth.