56 Billion Shiba Inu (SHIB) Added in 24 Hours Amid Recovery Above $0.000005

Shiba Inu is trading at $0.00000510 after bouncing from a daily low of $0.00000493. The price is back above the $0.000005 level, but a large amount of SHIB moved onto exchanges at the same time. That combination makes the recovery hard to trust. Exchange data suggests growing supply. Exchange reserves for SHIB now stand at 87.2364 trillion tokens , up 0.06% in 24 hours. The seven-day chart shows a clean climb in the past couple of days. The dollar value of these reserves is about $441.4 million, up 0.86%. Total exchange inflow reached 256.4373 billion SHIB, while total outflow was 202.6345 billion SHIB. The difference gives a net inflow of 53.8027 billion SHIB, which is up 3.69% on the day.

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