Shiba Inu (SHIB) Fluctuates: Early December Surge Followed by a Dip
Shiba Inu’s network saw remarkable activity in early December with an influx of 7,600 new wallets and peak transaction volume of $857 million. However, this excitement was short-lived as activity fell to $176.94 million, indicating a return to normal levels. Such volatility demonstrates the unpredictable nature of meme coin markets. Investors should be aware of these shifts to understand market sentiment effectively. Watching how Shiba Inu responds to fluctuations in engagement will offer critical insights into its resilience and potential for recovery. Market participants should remain alert to changes that could influence SHIB’s positioning in the crypto market.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]