Shiba Inu (SHIB) has become the most traded cryptocurrency in India this year, with 9% of local traders participating. 🚀
While SHIB's price has been down over the past month, Shibarium's growth and robust token burn mechanism could help prices rise again. Meme coins have made an impressive comeback in 2024, with SHIB up 115% year-to-date.
Jalandhar leads the pack in meme coin traders, with 18% participating. March was SHIB's strongest month, with prices hitting a two-year high. 🔥
SHIB's upside potential is further bolstered by Shibarium and its token burn mechanism, with 27.4 million tokens burned in the past 24 hours.