Shiba Inu investors can consider this metric before exiting their position - Aliens: AI Crypto News & Markets Updates
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Shiba Inu investors can consider this metric before exiting their position

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AMB Crypto

Thu, Jun 30, 2022

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Aliens TLDR

Meme token Shiba Inu [SHIB] has ticked a high network activity recently.

Over the past 10 days especially, $DOGE (+32%) and $SHIB (+35%) have seen many returning network interactions.

https://t.co/LDiWKEJIMg pic.twitter.com/JMjWQDzmtB — Santiment (@santimentfeed) June 29, 2022 Additionally, as per a Shibburn update, 23.4 million SHIB tokens have been burned in three transactions.

In the past hour, there have been a total of 23,401,879 $SHIB tokens burned and 3 transactions.

#shibarmy — Shibburn (@shibburn) June 30, 2022 Interestingly, there is increased hope for a bull run for SHIB now.

Currently standing at $5.42 billion, SHIB’s market cap fell from $6.55 billion just over four days ago.

At press time, It was ranging at a monthly high which shows investors’ increased interest in SHIB.

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