SHIB consumption rate soared 12 times, indicating that the price of the coin is about to take off? The future is here!
Like many other meme coins, SHIB was affected by the market crash in August, and the price fell badly. But the good news is that now the market has started to pick up, and Shiba Inu has also picked up a little. Especially in the past few months, although it did not perform well before, it now seems to break the curse of continuous decline.
Investors' confidence in Shiba Inu has increased significantly, and they continue to buy, giving the coin the power to rise. It's like you have a friend, you always believe that he can do it, keep cheering him up, and finally he really did it. Moreover, in the past month and a half, a lot of money has been invested in Shiba Inu, which shows that everyone is optimistic about it and is willing to invest money in it.
Another good news is that Shiba Inu's "consumption rate" has also risen sharply. It soared more than 12 times last Friday. Although it only caused a small increase in the price of the coin, it is also a good sign. In the past week, SHIB has risen by 14%, and the momentum is good.
What is even more worth looking forward to is that the Shiba Inu team is busy doing big things, and is going to launch services such as SHIB Marketplace, SHIB DeFi, and SHIB Socials. It sounds great and should attract many new users. In this way, the future of SHIB will be brighter.
In general, the situation of Shiba Inu is much better now than before. Investors are confident, funds are flowing in, and the consumption rate has also increased. These are all good signs. I personally think that by the end of September, SHIB should continue to rise, and maybe there will be a 40% rebound!
