[The person in charge of Shiba Inu celebrates the massive return of Shiba Inu Coin, with an annual growth rate of 274%]
Shiba Inu (SHIB) has been a recent bright spot, setting a new 30-day high as the bull market returns. Kusama shared the latest progress on the X platform and responded to critics: "How else can [you] FUD this token?"
Recent data shows SHIB up 2.2% on the hour and 19.6% in 24 hours, bringing its weekly gain to 16.8%. It rose 28.8% over the last 14 days and climbed 77.9% over the 30 days, showing a strong monthly performance. SHIB has gained 274.7% since the beginning of the year, firmly establishing itself as one of the top performing cryptocurrencies.
Transaction volume increased significantly. On December 1, SHIB’s trading volume reached $7 billion, surpassing AVAX, TRX, TON, and XLM combined to become one of the most traded coins. Core developer Kaal Dhairya highlighted the milestone on the X platform, while CoinMarketCap data shows that SHIB’s 24-hour trading volume reached $6.08 billion.
Market watchers speculate that Shiba Inu’s current accumulation phase could trigger a price breakout. Analyst SHIB Knight predicts that the price could surge to $0.000037, while Nebraskangooner noted that SHIB displays a symmetrical triangle pattern, which will further solidify the bullish trend if the price breaks above the upper trendline.
Shiba Inu's strong performance and high trading volume show its potential in a bull market, with the market anticipating future gains.