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Dogecoin-killer Shiba Inu bulls are ecstatic as SHIB rises by double digits overnight.
Shiba Inu has rebounded from its recent consolidation, and the memecoin has gained 13% in the last 24 hours.
During the downturn, SHIB and Ethereum whales continued to accumulate the token, anticipating a rally over $0.000051.
As the memecoin makes a reappearance, the total number of unique addresses holding SHIB is approaching one million.
Shiba Inu has released ShibaSwap 2.0, a new component of the SHIB ecosystem that allows third-party community goods to be supported.
SHIB price fell below $0.000070 after reaching a new all-time high in October 2021. AMC Theatres has began accepting SHIB as a payment mechanism, bringing the memecoin’s functionality and daily transaction volume to a new high.
SHIB gains double digits, kicking off the second leg of the bull run.
According to Etherscan data, the number of unique wallet addresses holding SHIB coins is approaching one million. SHIB price has rebounded from its decrease in the first week of November, thanks to an increase in on-chain activity.
Over the last week, SHIB’s 24-hour transaction volume has swapped Ethereum and Cardano a few times. The memecoin…
