Shiba Inu (SHIB) On-Chain Activity Surges 340%: What's Driving the Frenzy?
In an astonishing development, the Shiba Inu token has witnessed an extraordinary surge, skyrocketing by a remarkable 340% in on-chain activity in just 24 hours. Indeed, Shiba Inu (SHIB) has seen its on-chain activity surge a remarkable 340% over the last 24 hours.
What's Causing the Shiba Inu (SHIB) On-Chain Activity Increase?
The exact reasons behind this dramatic increase are multifaceted. Information from Hace 2 días Shiba Inu (SHIB) has demonstrated impressive resilience amid global economic uncertainties, recovering strongly after bottoming at 0. during mid-day trading. However, several factors could be contributing:
- Increased Trading Volume: Data shows that the volume increased from 1.28 trillion SHIB 13 de sept. de 2025. This indicates a higher level of buying and selling activity.
- Burn Rate Spike: On Friday, the SHIB Army managed to set ablaze 11,080,178 tokens in six transactions. This is a substantial spark in daily burns, which have risen 340% over the past. Increased token burning can create scarcity and potentially drive up the price.
- Broader Market Trends: SHIB’s price hovers near $0. , closely aligning with broader market movements like Bitcoin breaching the $50,000 threshold. Positive sentiment in the overall crypto market often spills over to altcoins like Shiba Inu.
Shiba Inu's Future: Can the Surge Continue?
Within a mere 24-hour period, on In a staggering turn of events, the Shiba Inu token has experienced an unprecedented surge, catapulting an astonishing 340% in on-chain activity within a mere 24. While the recent surge is impressive, the sustainability of this trend remains to be seen. Keep an eye on further developments in the Shiba Inu ecosystem, including any upcoming partnerships, updates to Shibarium, and continued efforts by the SHIB Army. We will continue to monitor and provide updates as they become available.