Shiba Inu (SHIB) Spikes 200% in Volume, Ripple Partner Exchange Drops Scam Alert for XRP Community, Dogecoin on Verge of Golden Cross Flip — Crypto News Digest

Shiba Inu saw a big spike in exchange netflows, with volumes coming closer to 3 billion. According to data from CryptoQuant, Shiba Inu (SHIB) is having one of its most erratic weeks in recent memory, with exchange inflows rising by almost 200%. According to the most recent metrics, mean inflows to exchanges more than doubled from levels earlier in the week on Sept. 24, reaching nearly 2.94 billion SHIB. Concerns regarding the short-term price stability of SHIB are raised by the fact that an increase in tokens being transferred to centralized platforms frequently indicates an increase in selling pressure.