Nevertheless, the influx into futures contracts suggests the traders may be anticipating a reversal or preparing for heightened volatility. Sometimes, positive inflows in derivatives can foreshadow increased buying pressure, especially if they reflect new long positions driven by risk appetite.
As of March 16, 2026, Shiba Inu is trading above $ 0.000006, indicating a strong recovery, with more than a 17% gain over the past day. The meme coin is trending upwards, with its market capitalization spiking by approximately 8% and total trading volume over the last 24 hours rising by more than 96%.
Analyst Predicts SHIB Price Could Delete A Zero
