Home > NEWS > Shiba Inu (SHIB) Price Skyrockets 18%, Here’s Why

Shiba Inu (SHIB) Price Skyrockets 18%, Here’s Why

Shiba Inu price: Why Shiba Inu, the second largest meme coin in the cryptocurrency market is witnessing big gains in the past 24 hours?

Price of firewood dog:The second-largest meme in the cryptographic currency market has risen sharply in the past 24 hours, with prices soaring 18.21% and trading volume up 93.45%. It's currently 1012222402 dollars. At the time of writing, the price of Shib struggled at $0.00001414 and finally broke through the price range of $0.000011 to $0.000012.

The price of firewood dogs has soared by 18%.

This increase has helped Akita's prices soar in the face of growing sales pressure. The promotion of this important barrier may be targeted at $0.000151, and if the improvement continues, $0.0000108 seems to form a strong support point in the event of a decline in Shib prices.

CBRE may have a personal privacy deal.

Shiba Inu has enhanced a feature that allows Shib users to conduct anonymous transactions using Bermuda's personal privacy DAPP. This means that the transfer of Mim substitutes can be similar to other personal privacy coins such as ZCash and Monero in the market. Therefore, the consignee of Shib only sees the DAPP address and will not reveal the consignor's wallet address in the remittance link.

Behind the soaring prices, the launch of Shibum?

It is estimated that the upcoming blockchain technology "Shibary" is one of the reasons for the soaring price of firewood dogs.

In an online article, Shiba Inu real estate developers wrote: "We are putting the finishing touches to Shibary's Beta and upcoming products." "patience is important," he added. "some people think Shibary is a way to drive up prices, but this is not the key to the project, and it has never been."

Please also refer to: Akita dog's Shibui developer upgrade, is the date the last?

Dogs and bones in emerald green

Other dog-related emojis have also seen prices rise. The original Akita Dog-themed coin Dogecoin has risen 7.15% in the past week. The bone of the natural gas token has risen 11.47% in the past 24 hours, and the coin rose sharply in early January.

Note: the position to be expressed here is not an investment value analysis-just for reference.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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