Shiba Inu Rockets on 1.36T Volume Spike as Bulls Absorb Panic Selling — Here Is Why This Bounce Matters

The Shiba Inu cryptocurrency has experienced a dramatic surge in value, soaring due to an impressive trading volume spike of 1.36 trillion. This increase in trading activity has been primarily driven by bullish investors who have stepped in to absorb the panic selling that occurred recently. Understanding the significance of this bounce is crucial, as it reflects not only the resilience of the Shiba Inu community but also the potential for future price movements in the volatile cryptocurrency market. In this article, we will explore the reasons behind this notable rebound, the implications for investors, and what this might mean for Shiba Inu's trajectory moving forward. source: https://blocknews.com/shiba-inu-rockets-on-1-36t-volume-spike-as-bulls-absorb-panic-selling-here-is-why-this-bounce-matters/