Same Meme board: two opposite on-chain scripts. SHIB price is weak (+~13.58% over 7 days, still -22% year-to-date), but DEX buy-side volume exceeds sell-side by about $30.39 million, while exchanges also see outflows of about $1.97 million. TRUMP is the one that’s surged the most (+~29% over 7 days), yet there’s significant capital moving into exchanges (about $18.33 million), and whales are reducing positions—classic “new money chases, old money sells.”
According to CoinGecko / Dune / Nansen. SHIB has also been listed by Japan’s FSA as an authorized asset for Nomura’s Laser Digital (no clear listing date yet).
This contrast suggests September isn’t a “sector rotation” month—it’s a “select-coins” month. When price is lagging but someone is accumulating, and when price is at new highs but someone is distributing, what you should watch depends on whether you trust the narrative or the wallets; and the Japan angle is the most easily overlooked catalyst for SHIB’s next leg.
Do you believe more in SHIB’s quiet accumulation—or do you think TRUMP’s distribution signals are more worth watching out for?👇
#Binance #SHIB #TRUMP #MemeCoin (Data source: CoinGecko; not investment advice)
According to CoinGecko / Dune / Nansen. SHIB has also been listed by Japan’s FSA as an authorized asset for Nomura’s Laser Digital (no clear listing date yet).
This contrast suggests September isn’t a “sector rotation” month—it’s a “select-coins” month. When price is lagging but someone is accumulating, and when price is at new highs but someone is distributing, what you should watch depends on whether you trust the narrative or the wallets; and the Japan angle is the most easily overlooked catalyst for SHIB’s next leg.
Do you believe more in SHIB’s quiet accumulation—or do you think TRUMP’s distribution signals are more worth watching out for?👇
#Binance #SHIB #TRUMP #MemeCoin (Data source: CoinGecko; not investment advice)