Shiba Inu’s network surges: Sustained growth or temporary hype?

Source of this Article
AMB Crypto 11 months ago 136

  • Siba Inu saw a spike in network growth.
  • SHIB ($0.00) has seen consecutive declines since then.

Shiba Inu [SHIB] has witnessed a notable increase in network growth, sparking discussions about its impact on the token’s price trajectory.

With metrics such as daily active addresses, transaction volume, and price movement painting a compelling picture, what could this recent activity mean for SHIB?

Explosive network growth and active participation

Analysis showed a notable spike in Shiba Inu’s new wallet addresses. The data showed that the network recorded over 7,600 new addresses, indicating a significant influx of new participants.

This growth is often associated with increased speculative interest or broader adoption, both of which can act as catalysts for price appreciation.



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