Posted 12/14/2023, 7:29:07 AM
Shiba Inu Coin Jumps 6% as Shibarium Sees More Activity and Analysts Predict Sustained Growth After Short-Term Correction
- Shiba Inu (SHIB) coin rose 6% in price, outperforming rivals like Dogecoin and Pepe Coin
- Analyst AlanSantana forecasted a potential 3-9 week price correction before "sustained long-term growth"
- Shibarium, Shiba Inu's Layer-2 network, saw a spike in activity and 61% rise in token burns
- Token burns spark debates within the Shiba Inu community on social platforms
- At writing, SHIB traded at $0.0000099, up 8% over 24 hours