Shiba Inu Buying Activity Increases by 14%
Trading activity of Shiba Inu in the ‘buying’ category experienced a double-digit surge on Thursday. SHIB has remained stagnant in the charts for close to three months with little to no price spurts. The development has caused distress to investors as their funds are not moving upward. The price stagnation is making other meme coins lucrative while SHIB remains in the back seat. However, investors are now making use of the relentless price dip on Shiba Inu as the buying activity increases. The move indicates that traders are considering that its price could have bottomed out in the charts. Also, SHIB briefly turned green today as the buyers outpaced the sellers. Also Read: SHIB Whale Activity Rockets 8,866% as Token Risks Adding Another Zero According to the latest SHIB data from the Coinbase exchange, buying activity in Shiba Inu has surged close to 14%. For the first time in a month, buyers outpaced the sellers in SHIB. While 4,500 traders pressed the ‘buy’ but...