How Shiba Inu reacted to Initial Jobless Claims on 15 May 2025

The short answer

An ordinary reaction. In the 15 minutes after the figure came out, Shiba Inu's price swung 1.71 times as much as in a normal 15 minutes that day. For an Initial Claims release, 1.33 times is usual. An hour later the price was 0.20% higher.

1.71x

Ordinary

Trading (volume ratio)
9.22x
usual for Initial Claims: 1.72x
Price at 8:30 AM
$0.000015
15 minutes later
+0.87%
One hour later
+0.20%
range 1.93%, hour before 0.93%
SHIB/USDT, 1 minute candles around the release, 8:30 AM America/New York

The dashed orange line is the release. Chart data from Binance.

Open
0.000016
Close
0.000015
24h change
-6.10%
24h high
0.000016
24h low
0.000014
24h volume
3.014T SHIB

The release

Released by the Department of Labor on 15 May 2025 at 8:30 AM EDT. Initial Jobless Claims fell to 228K for the week ending 10th May, from 229K in the week ending 3rd May.

It arrived at the same moment as Retail Sales, Retail Sales Excluding Automobiles, Producer Price Index, Core Producer Price Index and Continued Jobless Claims, so the reaction measured on this page belongs to all of them together.

How Shiba Inu moved

Shiba Inu was at $0.000015 when the figure came out. Fifteen minutes later it was 0.87% higher, and an hour later 0.2% higher. Its high-to-low range in the hour after was 1.93% of its price, against 0.93% in the hour before.

Measured by Clometrix

Shiba Inu's volatility ratio was 1.71x, against 1.33x for a typical Initial Claims release since 2021. Its volume ratio was 9.22x, against a typical 1.72x. That is about what this release usually does. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.

What made it matter

Since 2021, Initial Claims releases in the two weeks before a Fed decision have moved Shiba Inu about as much as those at other times: a median volatility ratio of 1.48x across 88, against 1.29x across 198. This one was not within two weeks of a Fed decision. Its own ratio of 1.71x compares with 1.29x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 286 Initial Claims releases since 2021, Shiba Inu's median volatility ratio is 1.33x.

How it compares

Across 286 Initial Claims releases since 2021, Shiba Inu's usual price swing is 1.33x. This one was 1.29 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Initial Claims's usual, 1.33x. Thick line: this release, 1.71x.

Minute by minute

Each row is the time after the release, with the same length of time before it for comparison.

After High Low Close Change Range Range before Volume
1 minute 0.00001518 0.00001501 0.00001511 0.66% 1.12% 0.13% 116.621B SHIB
5 minutes 0.00001526 0.00001501 0.0000152 1.25% 1.64% 0.46% 186.928B SHIB
10 minutes 0.00001526 0.00001501 0.00001516 0.99% 1.64% 0.80% 207.763B SHIB
15 minutes 0.00001526 0.00001501 0.00001514 0.86% 1.64% 0.93% 221.083B SHIB
30 minutes 0.00001526 0.00001497 0.00001503 0.13% 1.90% 0.93% 258.088B SHIB
1 hour 0.00001526 0.00001497 0.00001504 0.20% 1.90% 0.93% 315.888B SHIB
2 hours 0.00001526 0.00001455 0.00001466 -2.39% 4.65% 2.19% 598.209B SHIB
4 hours 0.00001526 0.00001444 0.00001491 -0.67% 5.37% 2.96% 970.774B SHIB
6 hours 0.00001527 0.00001444 0.00001494 -0.47% 5.44% 3.91% 1.184T SHIB
8 hours 0.00001526 0.00001444 0.00001491 -0.87% 5.37% 6.79% 1.404T SHIB
12 hours 0.00001527 0.00001444 0.00001492 -0.60% 5.44% 7.23% 1.76T SHIB

Every coin at this release

Coin Price swing Usual for Initial Claims Reaction
Bitcoin 1.51x 1.50x Ordinary
Ethereum 1.78x 1.46x Ordinary
XRP 1.00x 1.18x Quiet
BNB 1.21x 1.42x Quiet
Solana 1.57x 1.38x Ordinary
Dogecoin 1.47x 1.38x Quiet
TRON 1.43x 1.33x Quiet
Cardano 1.35x 1.35x Quiet
Chainlink 1.29x 1.43x Quiet
Sui 1.65x 1.24x Strong
Bitcoin Cash 1.26x 1.34x Quiet
Hedera 1.60x 1.32x Ordinary
Avalanche 1.73x 1.42x Ordinary
Litecoin 1.33x 1.39x Quiet
Gram 1.49x 1.02x Quiet
Shiba Inu 1.71x 1.33x Ordinary
Uniswap 1.65x 1.34x Ordinary
Polkadot 1.53x 1.32x Ordinary
Aave 1.33x 1.38x Quiet
Bittensor 3.04x 1.40x Exceptional
NEAR Protocol 1.72x 1.24x Strong
Aptos 1.43x 1.41x Quiet
Internet Computer 1.84x 1.45x Ordinary
POL (prev. MATIC) 1.82x 1.40x Ordinary
Filecoin 1.48x 1.27x Quiet

What is Initial Jobless Claims?

The weekly claims report is released Thursdays at 8:30 a.m. ET by the U.S. Department of Labor (DOL). Initial claims are new jobless claims filed by U.S. workers seeking unemployment compensation, included in the unemployment insurance weekly claims report. The report, published since 1967, includes a separate count of workers receiving unemployment insurance benefits, known as continuing claims.

Every Initial Claims release for Shiba Inu

Questions about this page

Is 1.71x a lot?

For an Initial Claims release it is ordinary: the usual is 1.33x. Each report has its own usual size, and its releases show it.

Will the next Initial Claims do the same?

Nobody can say. A forecast shows the range Shiba Inu moved in after past Initial Claims releases, so you can plan for the likely size of the move.

More questions ยท Glossary

Disclaimer

The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.