Why is Shiba Inu Volume up 120% Despite Crypto Market Crash?

Highlights
- Shiba Inu’s trading volume surged 120% to $360M today, defying the broader crypto market crash.
- The surge in trading volume came amid SHIB’s LEASH V2 migration update.
- Although the volume is skyrocketing, the Shiba Inu price is down following the broader market correction.
The crypto market has once again entered a turbulent phase, but Shiba Inu is presenting an odd picture with a 120% volume surge. Although the meme coin also experienced turbulence in the ongoing volatile-filled market, investors’ interest is peaking, in contrast to many experts’ allegations that these meme-inspired cryptos wouldn’t survive much. Let’s discuss what’s pumping the SHIB’s trading volume today.
Shiba Inu Volume Skyrockets 120% Despite Crypto Market Crash
CoinMarketCap data shows that a significant surge in the trading volume of Shiba Inu has occurred today. In just 24 hours, it has grown nearly 120%, bringing the total trading volume to $360.13. Notably, SHIB was on a similar level just earlier in the week, but what makes it more significant is that the entire market is crashing, while its trading volume is skyrocketing.
More importantly, similar to Bitcoin and the rest of the altcoins, SHIB price is also down, $0.00001233 at present, after a nearly 2% crash.
- Source: CoinMarketCap, SHIB Price Chart
The decline follows the major market correction, but the volume surge is due to the new updates on migrating the LEASH token to LEASH V2. Notably, the migration would fix a few key issues and would introduce a fully audited fixed supply model. Moreover, it will add burn-to-claim migration, external audit, and support from crypto exchanges.
LEASH Update
Five years ago the original dev left behind a hidden rebase path that caused the recent supply glitch. The current team is fixing it with LEASH v2 which is a fully audited fixed supply design with no minting risks.
🔸 Migration will be fair through burn to claim
🔸… pic.twitter.com/YOaRqW1tXJ— Shibarium | SHIB.IO (@Shibizens) August 25, 2025
Shibburn also notes the burning of the 3,743,880 SHIB tokens today, reducing its total supply and adding to its demand.
Crypto Market Crash Liquidates $830M in 24 Hours
The major crypto market is facing a sharp correction today, initiated by the Bitcoin price crash. In late Sunday hours, an OG BTC whale sold 24,000 BTC, which led to its crash. Other investors also followed, adding significant downward pressure in the market.
As a result, $830M has been liquidated from the market, with Ethereum ($295.70M) and Bitcoin positions ($272.36M) getting wiped out the most. Other altcoins like SOL, DOGE, and more were also liquidated, affecting 165,843 traders.
- Source: CoinGlass, Crypto Liquidation
Notably, the drop came just a day after Jerome Powell’s speech at Jackson Hole, where he hinted at an interest rate cut, pumping the crypto prices. However, that changed, impacting Bitcoin, SHIB, and the rest of the assets.
Although experts see further volatility this week due to the release of the Core PCE Price Index (YoY and MoM), Fed officials speaking and more, Shiba Inu could reject the trend with high trading volume.
Frequently Asked Questions (FAQs)
1. How is the Shiba Inu price reacting to a 120% volume surge?
2. How much SHIB has been lost in the burn today?
3. Can SHIB sustain today’s volatility?
- Tom Lee’s Bitmine Immersion (BMNR) Adds Another $103M ETH to its Ethereum Stash
- Bitcoin Price Flashes Top Signal as Long-Term Whales Sell Into $125K Resistance- Will Wall Street Step In?
- Breaking: Grayscale Solana ETF (GSOL) to Trade with 0.35% Fee
- Roger Ver, ‘Bitcoin Jesus,’ Settles $48M Tax Fraud Case with U.S. DOJ
- Senate Democrats’ New DeFi Regulation Proposal Stalls Crypto Market Structure Talks
- Dogecoin Price Prediction as $23M Leaves Exchanges—Is the Parabolic Phase Beginning?
- Pi Network Price Collapses as Analyst Proposes Turnaround Tweaks
- Solana (SOL) Price Prediction: Analyst Eyes $1,300 as SOL DAT Company Plans 5% Supply Acquisition
- Bitcoin Price Prediction as US Govt. Shutdown Extends- What’s Next for BTC?
- Solana Price Megaphone Points to a Parabolic Move as SOL Treasuries Near $3B
- XRP Price Prediction Amid ETF Approval Roadblock as Analyst Warns of $2.72 Dip