Here's the latest news on Shiba Inu:
- *Price Surge*: Shiba Inu's price has surged over 6% today, sparking optimism among investors. Its current price is around $0.00002309, with a 24-hour trading volume of $405.41B ¹.
- *On-Chain Metrics*: SHIB's on-chain metrics hint at a potential breakout ahead, with a possible rally to $0.000045. Whale transactions have also increased significantly, indicating a bullish momentum ².
- *Shibarium Update*: Shiba Inu has implemented a new token burning mechanism within Shibarium, which could impact the cryptocurrency's price. Shibarium has also linked worlds, expanding its ecosystem ³.
- *Market Trends*: The cryptocurrency market has turned bearish, with uncertainty growing for 2025. However, some analysts predict a potential rally for SHIB and other meme coins ¹.