Shiba Inu (SHIB) has seen a massive 140% increase in trading volume over the past 24 hours, despite recent market volatility. This surge follows a 6.4% drop in SHIB's price, with a partial recovery bringing a 3% gain. The overall meme coin sector is recovering, with notable gains in other tokens like WIF, BONK, and FLOKI. However, SHIB's burn rate remains negative, showing a 0.49% decline. The increased trading activity reflects heightened investor interest and market dynamics.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
