Shiba Inu (SHIB) has captured the attention of the crypto market, recording significant gains in the early hours of Monday. The price reached a six-week high of 0.00001416, a level not seen since late May. This bullish trend coincides with a remarkable spike in a key time indicator, reporting an astounding 783 percent increase. This surge raises questions on whether Shiba Inu can maintain its momentum. Its rising popularity highlights the volatility and dynamic nature of the cryptocurrency landscape, making it a topic of discussion among traders and investors alike.