Cryptocurrency26 Jul 2026SEO 801 min read

Analysis: Shiba Inu surges 36% as South Korean traders fuel mystery rally

The rally has no announcement behind it, other dog tokens haven't matched it, and Korean venues are carrying the volume. Shiba Inu jumped about 36 percent…

The rally has no announcement behind it, other dog tokens haven't matched it, and Korean venues are carrying the volume. Shiba Inu jumped about 36 percent to $0.0000057 on Sunday, adding roughly $1 billion in market value in a day without any clear fundamental catalyst. The token’s market capitalization is now near $3.4 billion on almost $380 million in daily trading volume, its highest turnover ranking in months. South Korean traders on Upbit, where the SHIB/KRW pair accounts for more tha…

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