Shiba Inu (SHIB) Logs 60% Surge to $140 Million in Derivatives Space, Defying Market Freeze

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. A rare market phenomenon is unfolding across global financial markets today, as traditional exchanges are completely absorbed by the opening of SpaceX stock trading, while crypto traders have unexpectedly found a boiling point in Shiba Inu derivatives . Advertisement According to CoinGlass , the daily trading volume of SHIB futures suddenly jumped by 60.10%, surpassing $140.09 million amid a total shortage of attention to the rest of the altcoin market. The massive IPO of SpaceX on Nasdaq has effectively paralyzed trading activity in the large-cap crypto sector, as the first price indications at the opening window came in at $175 per share—an instant 30% jump from the offering price. HOT Stories Dogecoin (DOGE), Shiba Inu (SHIB), Toncoin (TON), and Ethereum (ETH) Price Analysis For June 12: Getting Back in Bull Market Ripple Nemesis to Run US Intelligence Cryptocurrency derivatives data analysis, Source: CoinGlass The order book attracted $350 billion in demand, while the tokenized version of SpaceX on digital platforms recorded an abnormal 576.34% increase in trading volume. Advertisement At the same time, major cryptocurrencies such as Bitcoin and Ethereum fell into a deep sleep, showing a 10%-15% decline in trading volumes, while activity in Solana dropped by almost 23%. SpaceX captures Nasdaq, but Shiba Inu steals liquidity In an environment where almost all market liquidity was pulled toward the SpaceX debut, the futures boom in Shiba Inu became a standalone event inside the crypto market. On the spot market, the token is pushing its price to $0.000004878 with a 24-hour gain of 2.59%, while open interest in futures is fixed at $36.30 million, maintaining a daily increase of 10.32%. The SHIB price chart may partly explain this anomaly, as the coin is trying to map out a macro move and find a local bottom after a prolonged decline toward the $0.00000430 level. A sudden wave of buyers has stepped in , matching an oversold RSI at a critically low level of 27 to give bulls their clear cue. Advertisement You Might Also Like Fri, 06/12/2026 - 10:48 Shiba Inu (SHIB) to $0.00001 Roadmap: Analyzing Key Scenarios as Bulls Finally Show Up By Gamza Khanzadaev Since the token burn rate inside the network has dropped by 72%, the current 60% explosion in volume has an exclusively speculative nature. Large players are massively opening leveraged contracts in search of a sharp technical rebound toward the nearest moving average resistance barriers. #Shiba Inu #Shiba Inu (SHIB) News