$Shiba Inu has seen an impressive 43% climb in just nine days, with on-chain metrics fueling the bullish fervor. The latest buzz from TheCryptoBasic reveals that SHIB's price has catapulted to a 10-week peak of $0.000019âa stunning 21% rise within 24 hours alone!
đ Market Movement Highlights:
Weekly Surge: SHIB has outstripped its meme coin peers with a 31.2% rise over the past week.
Whale Watch: Significant whale transactions and a spike in trading volumes have breathed new life into the market dynamics.
đ On-Chain Action:
The surge in on-chain activity, including a notable increase in SHIB circulation and whale movements, points to a vibrant ecosystem. Notably, about 5.7 trillion SHIB were active, underscoring heightened market engagement.
đ Looking Ahead:
While the excitement builds, caution is advised. The potential for short-term corrections looms as traders might capitalize on the rapid price increase. However, the next major push could see SHIB reaching the $0.000043 mark, last witnessed in February.
Swipe up for more details and dive into the full analysis! Letâs keep the SHIB spirit high! đ
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