IMPORTANT POINTS:
- Shiba Inu has accumulated a loss of more than 7% in the last week, but its fundamentals would push the memecoin price higher.
- Shibarium transactions have recovered again after a significant decline in December 2023.
- In just one day, transactions went from an average of 4.3 million to 6.2 million.
Data from CoinMarketCap indicates as much Shiba Inu accumulates a decline of more than 7% in the last week, despite the positive catalysts on the horizon.
First, transaction activity in the last 24 hours Shibarium skyrocketed more than 140% from 4.3 million per day 6.2 million.
This is great news for investors who were worried about the diminish as occurred in December last year, when transactions went from 7.5 million to 4.5 million. A notable collapse.
As a result, analysts now expect the SHIB price to resume its upward course in the short term. The question is: are you ready to erase a zero?
The evolution of the price of the Shiba Inu
If we compare the performance of SHIB with the main cryptocurrencies such as Bitcoin Yes Ethereum We will notice that memecoin has not increased much.
Over the past twelve months, SHIB has recorded a increase of only 15.3%while BTC and ETH record gains of 159% and almost 77% respectively.
However, the increase in the last three months is homogeneous: Shiba Inu jumps by 34.5%, Bitcoin by 56.6% and Ethereum by 36%.
Of note, SHIB didn’t get off to as good a start this year as the overall market, dropping more than 6%.
2024-01-05 20:47:05
#ready #erase