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Shiba Inu Eyes First Positive Monthly Close Since April as Burns and Holder Growth Accelerate

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FOMOGRAM Editorial Desk
Aug 1, 2026
98.5% CONFIDENCE
36Crypto FEED
Shiba Inu Eyes First Positive Monthly Close Since April as Burns and Holder Growth Accelerate
EXECUTIVE SUMMARY

Summary Shiba Inu recorded its first positive monthly performance since April as stronger whale activity, burns and holder growth reinforced sentiment. Burn activity removed 3.25 billion SHIB tokens while more than 78,000 new wallet addresses joined the ecosystem during July. SHIB maintained double-digit monthly gains despite profit-taking, highlighting resilient buyer interest and improving market participation […]

Summary Shiba Inu recorded its first positive monthly performance since April as stronger whale activity, burns and holder growth reinforced sentiment. Burn activity removed 3.25 billion SHIB tokens while more than 78,000 new wallet addresses joined the ecosystem during July. SHIB maintained double-digit monthly gains despite profit-taking, highlighting resilient buyer interest and improving market participation […]

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