This year’s crypto winter has created one of the most devastating effects in the crypto space in history. But there appears to be a resettling phase for the industry with the recent outplay of events. Moreover, following the special report of the CPI for July and other factors, the crypto space is seeing an encouraging relief and hope. The crypto space is making a positive impact as the performance of some cryptocurrencies takes a gradual up climb. Among the outstanding performing crypto assets is the meme coin, Shiba Inu (SHIB). Related Reading: Dogecoin Ready For 4th Straight Week Of Gains – Even Without Elon Musk’s Backing The coin has not just staged its comeback but has taken a higher banner with its price rally. The price of Shiba Inu has gained significant value within the past 24 hours. The upward climb has the SHIB hitting $0.00001766 in its intraday trading performance. This excellent price stance from SHIB has gradually taken the token to the top in the past few days. The trend is supported by the massive and substantial accumulation of some prominent whales for the assets. Saantiment, an on-chain data analytics firm, provides reports on the progressive advancement of Shiba Inu. It revealed that the meme coin has been skyrocketing during the weekend. Its movement led to amassing up to 34% in value within the past 24 hours despite some tokens still maintaining a flat trend. Santiment explained that the SHIB pri...
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