Shiba

2024

Shiba Inu

Coin

<ul class="news-points">
 <li><strong>SHIB attracts significant new addresses despite the market correction, signaling sustained interest.</strong></li>
 <li><strong>Santiment data reveals strong bullish sentiment around SHIB’s growth potential.</strong></li>
 <li><strong>Technical indicators show SHIB’s short-term price remains bullish despite potential overbought conditions.</strong></li>
</ul>
<p>March kicked off with a bang for Shiba Inu (SHIB) as the meme coin attracted over 8.4k new addresses daily, reaching a peak of 21k new daily addresses. As highlighted by IntoTheBlock, this surge, nearly 20 times February’s daily average, reflects a notable uptick in interest despite the recent market correction. Traders, particularly bullish on SHIB, anticipate a recovery for the token amidst the broader crypto market turbulence.</p>
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   <p lang="en" dir="ltr">Shiba Inu kicks off March with a bang, attracting over 8.4k new addresses daily &amp; peaking at 21k new daily addresses – nearly 20x February's daily average. <a href="https://twitter.com/hashtag/ShibaInu?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ShibaInu</a> <a href="https://twitter.com/hashtag/SHIBARMY?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#SHIBARMY</a> <a href="https://t.co/5hXvKfqfio" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/5hXvKfqfio</a></p>— IntoTheBlock (@intotheblock) <a href="https://twitter.com/intotheblock/status/1765678131619275072?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 7, 2024</a>
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<p>The recent market reset, catalyzed by Bitcoin’s surge to an all-time high above $69,000 on March 5, led to a significant downturn across various cryptocurrencies. However, social data from Santiment sugg…</p>
<p>The post <a href="https://coinedition.com/shiba-inu-addresses-surge-20x-is-this-the-start-of-a-bullish-trend/" rel="noopener noreferrer nofollow">Shiba Inu Addresses Surge 20x: Is This the Start of a Bullish Trend?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Shiba Inu Addresses Surge 20x: Is This the Start of a Bullish Trend?

Coin Edition

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