Shiba Inu News: The Unstoppable SHIB Movement Has The Best Weekly Gains As Its True Strength Is Shown

(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

Despite the chaos in the crypto market, one cryptocurrency has stolen the spotlight: Shiba Inu (SHIB). According to CoinGecko data, SHIB saw a 5.6% increase in the past 24 hours, while other cryptocurrencies like ADA and XRP only experienced marginal changes. Bitcoin and Ethereum also had minor gains. Even Doge showed promising increases, but none could match SHIB’s performance.

Let’s take a look at the weekly performance. SHIB’s increase of 9.4% stands out against ADA’s meager growth of 0.2% and XRP’s decline of 4.2%. While Binance Coin and Dogecoin had weekly gains, they still fell short of SHIB’s impressive growth.

$SHIB is heading up, and no matter how people try to badmouth $SHIB..

It will prevail because real people will triumph.

It's our inspirational story that people will talk about in history. pic.twitter.com/eIgCHcBzwB

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) June 18, 2023

Investors and traders are speculating that the surge is coming from a few factors that will help ensure SHIB’s success. One of the main factors is that the ecosystem is getting closer to the launch of Shibarium. But other things are coming into play such as the announcement of Shibacals and the fact that so many in the Shiba Inu Ecosystem have continued to build even during the down markets. This includes the projects that are planning to build on Shibarium such as NFAi, MSHIB, PawZone, SERP, Dogpad, Koyo, Hoichi, and many more. But the biggest factor is the Shib Army Community as its social signals have not just remained stead but are on the rise.

However, it’s important to approach crypto investments with caution. The market is highly volatile, and prices can fluctuate rapidly. It’s crucial to do thorough research, exercise due diligence, and consider your risk tolerance before making any investment decisions..

ADVERTISEMENT

Shiba Inu has emerged as a star once again in the crypto market, outperforming other major cryptocurrencies.