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Shiba Inu Surges: Market Cap Targets Dogecoin Valuation

1 min read
Source: Bitcoinist
Shiba Inu Surges: Market Cap Targets Dogecoin Valuation
Photo: Bitcoinist
TL;DR Summary

Shiba Inu (SHIB), the Dogecoin-inspired meme coin, is experiencing a resurgence with a significant increase in daily active addresses and trading volume. The Shiba Army community is back in action, with a surge in user engagement and a daily trading volume exceeding $16 billion on March 5th. Analysts are divided on the cause of this renewed interest, but the rise in user activity and trading volume suggests a potential return to the glory days of 2021.

Topics:business#cryptocurrency#meme-coin#shib#shiba-inu#trading-volume
Share this article
  1. Shiba Inu Army On The Rise: Daily Active Addresses Soar Over 170%  Bitcoinist
  2. Shiba Inu, Bitcoin Cash (BCH), Ethereum Classic (ETC) Lead CoinDesk 20 Gainers  CoinDesk
  3. 3.7 Trillion Shiba Inu (SHIB) in 24 Hours: What's Happening With Meme Token?  U.Today
  4. Shiba Inu market cap on course to reach Dogecoin valuation  crypto.news
  5. Shiba Inu Official Says SHIB Will Hit $0.01  The Crypto Basic

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