SHIB Likely to Slide After the Recent Flush as DOGE Drifts and PEPE Runs

Three Things to Know A wallet tied to the Binance hot wallet exploit dumped its entire SHIB stash in minutes, and the price barely reacted. SHIB still trades below both key moving averages, with sellers firmly in control of the trend. The nearest support floor for SHIB sits just under the current price, and a break would open another leg lower. The attacker behind the Binance hot wallet breach sold every SHIB token it held in a rapid burst of on-chain swaps. That sale clears one source of supply, yet the meme coin sector is splitting. SHIB and DOGE keep sliding while PEPE climbs with buyers in charge. The key test is whether SHIB can hold its floor once the exploit story fades.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Daily.