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Shiba Inu Sees 31% Increase in a Year Amid Bear Market

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Shiba Inu
Shiba Inu News

    • SHIB sees an annual increase of 31%.
    • Shiba Inu prices have been bullish for three days in a row.
    • Shiba Inu is one of the most popular cryptocurrencies as buyers keep stacking on it.

Shiba Inu (SHIB), the second-largest memecoin in the world, has witnessed an annual gain of 31.5% as well as a monthly increase of 11% despite the present strong bear market.

For the third day in a row, bullish signs have been seen in relation to the price of Shiba Inu. The negative thesis has been refuted, giving way to a new positive trend ever since the price of SHIB had a remarkable increase on July 6, 2022.

On that day, the price of SHIB surged to $0.00001039 before continuing its climb to $0.0001160. SHIB is worth $0.00001027 at the time of writing.

Moreover, the cryptocurrency is one of the most well-liked tokens available on the market at present and has established itself as a mainstay in the memecoin field. Over 20,000 new users have joined the network in the last month, indicating growth for the cryptocurrency.

In related news, Shiba Inu had a record-breaking year in 2021, generating one of the highest one-year returns on an investable asset ever seen.

Despite severe criticism and poor investor analysis, the cryptocurrency that brands itself as “the killer of Dogecoin” has shown that it is far more important.

The Shiba Inu coin surprised the cryptocurrency world in 2021 with its surging gains and created significant profits throughout the year.

Article Categories:
Bitcoin · Latest Post · News · SHIBA INU · Shiba Inu News

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