CoinOtag
2024-07-07 02:13:11

Shiba Inu Price Surge: SHIB Gains 17% Amid Rising Buying Pressure and Bullish Indicators

Shiba Inu [SHIB], the world’s second-largest memecoin, has made a notable recovery, sparking optimism among investors following a recent price slump. The memecoin’s bullish momentum is supported by positive derivatives metrics, signaling a potentially more extended rally. Recent data shows increased buying pressure, highlighted by notable exchange outflows and a rise in SHIB’s market value.

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