SHIB Eyes Erasing One Zero.

Shiba Inu (SHIB) has intrigued the broader market today after surpassing Cardano (ADA) in market capitalization amid a 12.7% surge in the past 24

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hours to $0.00002799. While this might seem like a major feat considering the earlier plan was just to displace Avalanche, SHIB metrics have proven it has more stunts to pull.

At the time of writing, the SHIB trading volume has jumped by more than 139% to $2,384,774,823 overnight. At this volume, a total of 8.3 trillion SHIB had been traded in the past 24 hours, setting the meme coin up for more growth ahead.

Shiba Inu has maintained relatively bearish growth for the better part of this month. After falling as low as $0.00002071 over the past month, the current growth is a major validation that investors' interest in Shiba Inu is not waning anytime soon. With the resurgence to its highest level since mid-April, Shiba Inu is now eyeing erasing one zero in the immediate future.

Some of the ecosystem fundamentals in the past few weeks that helped SHIB blow past its key rivals will also play a major role in determining how high it will go. With the consistency in Shiba Inu burning, the mildly growing supply crunch will always impact sentiments and drive higher price valuation overall.