Shiba Inu Transaction Activity Plunges 95% After Record Daily Surge

thecryptobasic2026-07-09 13:53:25

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Shiba Inu Transaction Activity Plunges 95% After Record Daily Surge

Shiba Inu has recorded an unusual on-chain anomaly after its daily transaction count plunged by 95% within 24 hours. According to data from CryptoQuant, Shiba Inu’s daily transaction count soared to 78,558 on July 6—its highest level since October—before tumbling to 3,922 the following day.

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