The Shiba Inu ecosystem’s official X handle has caused quite a stir in the community with a cryptic tweet, eliciting bullish reactions from SHIB enthusiasts.
Yesterday, the Shiba Inu ecosystem team posted a good morning message to the community members, accompanied by an intriguing image. This caught the attention of SHIB enthusiasts, who took to the comment section to express their excitement with various bullish emojis.
Coinpedia Markets, a leading crypto analytic platform known for accurately predicting BONE’s listing on Binance, responded with “GM, @shibtoken,” along with a fire emoji. Additionally, Vet KUSAMA, a popular member of the Shiba Inu community, reacted to the tweet with a rocket emoji.
Even Hong Kong-based crypto exchange LBank, which recently listed Shiba Inu’s partner token K9 Finance DAO (KNINE), couldn’t contain their admiration and responded with heart eyes emoji.
These reactions indicate that the Shiba Inu community is eagerly anticipating upcoming updates within the ecosystem.
The price of Shiba Inu has experienced significant growth across various aspects since the tweet went viral. As reported earlier, Shiba Inu’s price surged from $0.00002475 to an intraday high of $0.00002933, continuing its upward trajectory. This impressive rally briefly pushed Shiba Inu ahead of Cardano (ADA) to become the 10th-largest crypto asset by market cap. Although the price has retraced slightly to $0.00002778 at the time of writing, it still shows a 12.2% increase on the daily charts.
Furthermore, Shiba Inu’s trading volume has witnessed a tremendous surge, with investors trading $2.39 billion worth of SHIB in the past 24 hours. This represents a 143.68% increase from the previous day’s record, indicating the growing interest in the token among South Korean traders. Currently, Shiba Inu is the most traded token on South Korea’s largest exchange, Upbit, surpassing the trading volume of top crypto assets like Bitcoin (BTC), Dogecoin (DOGE), and Ethereum (ETH). SHIB’s volume on Upbit stands at $352.55 million, while BTC, DOGE, and ETH’s volumes are $152.35 million, $100.98 million, and $98.19 million, respectively.
It’s important to note that this article is for informational purposes only and should not be considered financial advice. The views expressed in this article are the author’s personal opinions and do not reflect those of The Crypto Basic. Readers are encouraged to conduct their own research before making any investment decisions. The Crypto Basic is not responsible for any financial losses incurred.