- SHIB sees an annual increase of 31%.
- Shiba Inu prices have been bullish for three days in a row.
- Shiba Inu is one of the most popular cryptocurrencies as buyers keep stacking on it.
Shiba Inu (SHIB), the second-largest memecoin in the world, has witnessed an annual gain of 31.5% as well as a monthly increase of 11% despite the present strong bear market.
For the third day in a row, bullish signs have been seen in relation to the price of Shiba Inu. The negative thesis has been refuted, giving way to a new positive trend ever since the price of SHIB had a remarkable increase on July 6, 2022.
On that day, the price of SHIB surged to $0.00001039 before continuing its climb to $0.0001160. SHIB is worth $0.00001027 at the time of writing.
Moreover, the cryptocurrency is one of the most well-liked tokens available on the market at present and has established itself as a mainstay in the memecoin field. Over 20,000 new users have joined the network in the last month, indicating growth for the cryptocurrency.
In related news, Shiba Inu had a record-breaking year in 2021, generating one of the highest one-year returns on a ...