SHIB News: Shiba Inu Rallies as Trading Volume Soars and Bullish Outlook Strengthens

Shiba Inu Price Forecast: SHIB Rallies as Trading Volume Rises 228%

Shiba Inu (SHIB) price extends its gains by 8% and trades at $0.000015. On-chain data shows that SHIB’s trading volume ROSE 228% in the last 30 days, bolstering the platform’s bullish outlook. Additionally, the technical outlook suggests a rally continuation as bullish bets increase among traders.

Shiba Inu (SHIB) Price Prediction for March 26

As of recent data, Shiba Inu (SHIB) is trading at $0.00001528, experiencing a rapid short-term surge of 13.89% over the past 24 hours. This increase indicates renewed buying interest, potentially fueled by positive sentiment on social media and renewed investor optimism. Over the past 30 days, SHIB has seen a 3.62% increase, marking a modest recovery in a volatile meme coin market. The coin’s price is trading near its 50-day moving average, which serves as a dynamic support zone, while the 200-day moving average remains above the current price.

Shiba Inu Treat Heats Up with 219% Volume Surge

Shiba Inu Treat (TREAT) experiences a significant surge in trading volume, increasing by 219.25% to reach approximately $3.76 million in the last 24 hours. This rally has pushed the price up by 4.65%, nearing $0.005552. The extraordinary explosion in trading activity signals a potential breakout for Shiba Inu’s powerhouse token.

Cryptocurrency Market Cap Rises, Shiba Inu Coin Price Jumps 15%

The global cryptocurrency market cap increased to $2.89 trillion with a 1.19% gain over the last 24 hours, although the overall market trading volume fell by 5.29% to $75.97 billion. DeFi accounts for 7.38% of trading volume, while stablecoins dominate with 93.93% of daily volume. Notably, Shiba Inu coin price surged 15.28% in a day, reaching $0.00001549 at the time of writing.