Shiba Inu Jumps 5% In A Single Day: Is A Bigger Rally Coming?

Shiba Inu (CRYPTO: SHIB) is showing renewed strength, rising 5% in a single day amid bullish developments across its ecosystem, consistent token burns, and broader market momentum.

Cryptocurrency Ticker Price Market Cap 7-Day Trend
Shiba Inu (CRYPTO: SHIB) $0.00001182  $6.96 billion +4.4% 
Dogecoin (CRYPTO: DOGE) $0.1714  $25.8 billion +7% 
Pepe (CRYPTO: PEPE) $0.00001033  $4.3 billion +11.5% 

Trader Notes: Crypto trader Shib Knight noted that Shiba Inu has finally broken the downtrend it’s been stuck in since May 13, signaling a potential reversal.

With bullish sentiment returning to crypto markets and on-chain data strengthening the case, SHIB looks ready to run.

Joe Mitoshi, another prominent trader, highlighted that SHIB’s long-term chart is flashing bullish signals.

If it …

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