In just 24 hours, Shiba Inu (SHIB) achieved a remarkable trading volume of $100 million, hinting at a potential market shift.
SHIB Trading Volume Jumps 56%
As doubts surround the cryptocurrency industry, Shiba Inu (SHIB) has seen significant growth.
While investors wait for a possible recovery, the price movement of SHIB is depicting a gloomy image. However, it seems like soon enough the mood can begin to change.
Investor Optimism on SHIB Rise
According to CoinGlass, the 24-hour trading volume of SHIB has experienced an impressive surge today. To reach $100.02 million, it has increased by 56.12%. Those in the Shiba Inu community who have been holding out hope for the meme coin's price to rise have reason to be optimistic in light of this new information.
Traders are becoming interested in buying SHIB on all of the main cryptocurrency platforms.
According to the data, several sources contribute to it, including OKX ($51.73 million), BingX ($18.32 million), CoinEx ($11.86 million), and Bitget ($6.51), among others.
U.Today elaborates that this indicates is that the famous meme coin is attracting a lot of attention from investors. On top of that, it shows that they have begun purchasing the dips.
In the past day, SHIB's value has dropped by 3.57%, reaching $0.00001589. Also, in the last 30 days, it has maintained a decline of 7.25%.
Rising Trade Activity Signals Market Change
These numbers illustrate the present market pessimism. This proves that the Shiba Inu market has been consolidating for some time. Rising trade activity, however, may indicate a change in market attitude moving forward.
Also, a bull run could be around the corner, according to one important sign. Currently, the Shiba Inu RSI is hovering around 38.98, according to TradingView.
RSI Indicates Possible Bullish Trend
An RSI reading of around 40 indicates neutral emotion, so keep that in mind. However, it also signals a small shift in mood, favoring the bulls.
Coins that have confirmed their support levels and are likely to begin an upward trend often have relative strength indicators (RSIs) in this area.
In sum, SHIB is not completely out of the woods, and a market turnaround might be on the horizon.


Judge Dismisses Sam Altman Sexual Abuse Lawsuit, But Sister Can Refile
Alibaba Bets on AI Agents to Unify Its Vast Digital Ecosystem
Ethereum’s $2,200 Ceiling: Can Diplomatic Breakthroughs Dissolve the Bearish Resistance?
Micron Technology Beats Q2 Earnings Estimates, Issues Strong AI-Driven Outlook
Microsoft Eyes Legal Action as Amazon-OpenAI Deal Threatens Azure Exclusivity
NVIDIA's Feynman AI Chip May Face Redesign Amid TSMC Capacity Crunch
Xiaomi's AI Model "Hunter Alpha" Mistaken for DeepSeek's Next Release
OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership
Elon Musk Confirms SpaceX, xAI, and Tesla Will Continue Large-Scale Nvidia Chip Orders
Amazon's "Transformer" Phone: Can It Succeed Where Fire Phone Failed?
Malaysia Semiconductor Industry Eyes Helium Supply Risks Amid Middle East Conflict
Samsung Bets Big on AI-Driven Chip Demand in 2025
Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push
FxWirePro- Major Crypto levels and bias summary




