Shiba Inu Demand Surges: 14% Spike in Buying Activity as Meme Coin Fever Returns
Shiba Inu roars back as traders pile into the meme coin—because nothing says 'sound investment strategy' like chasing the next dog-themed lottery ticket.
### The FOMO is real (again)
Buy orders for SHIB suddenly look like 2021 never ended. A 14% uptick in accumulation suggests either newfound utility or collective amnesia about crypto winters.
### When fundamentals take a backseat
No major protocol upgrades, no burning milestones—just pure speculative momentum. Wall Street analysts weep into their spreadsheets while degens high-five across Discord.
Will this end in tears or tendies? Place your bets—the casino never closes.
Source: Coinbase
In addition, around 4,900 investors were looking at the SHIB ticker and did not initiate any transactions. This shows that interest in Shiba Inu is slowly gaining steam among traders as the buying activity increases. However, data from the next few days will confirm if the trend was a temporary blip or if the demand is surging.
Shiba Inu Buying Activity Increases After Nearly a Month of Stagnation
Investors had remained out of SHIB last quarter as the buying activity declined compared to the sellers. The token is now seeing a ray of hope for recovery as buyers step in after more than a month. The next few days could define the future of SHIB, whether it could make a comeback or keep stepping back. The token was once the darling of the cryptocurrency market but is now struggling to attract new buyers for investments.
