The historical contextIt’s not the first time a meme coin has pulled this kind of move. AdvertisementWhy it mattersThe Shiba Inu price swing isn’t just a meme coin story. Exchange reserves for Shiba Inu climbed to a two-week high of 86.7 trillion units. Related: Hyperliquid Holds Near $59.5 as Chainlink, Shiba Inu, and Stellar Flash Mixed SignalsWhale transaction volumes matter too. That figure is a live gauge of where Shiba Inu holders stand on confidence.