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The cryptocurrency market is thriving, with notable gains in Bitcoin, Ethereum, and particularly Shiba Inu .
Shibarium’s performance and a substantial increase in SHIB’s daily transaction volume hint at a bullish future for the asset, supported by optimistic price predictions from analysts.The situation in the meme coin niche is even more bullish, and Shiba Inu is among the best performers. Its price jumped by 7% on a 24-hour scale and 20% in a week.
Some important metrics related to the self-proclaimed Dogecoin-killer have also headed north. Data shows daily transactions on the layer-2 scaling solution Shibarium havein August last year and aims at elevating Shiba Inu above its rivals by improving speed and lowering transaction fees.the 400 million mark in terms of total transactions.
Besides the resurgence of Shibarium, Shiba Inu witnessed another triple-digit spike. According to IntoTheBlock, SHIB aggregated daily volume has Meanwhile, the crypto market keeps pumping and it will be interesting to follow whether Shiba Inu could record even bigger gains in the following days.that the price of the meme coin may skyrocket in the near future should investors keep accumulating at the same pace.One Weekly Email Can Change Your Crypto Life.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments.
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